Todd Wadena Electric Cooperative
$520,400 PPP Loan in Wadena, Minnesota
Loan Details
- Loan Number
- 1258367206
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $520,400
- Current Approval
- $520,400
- Forgiveness Amount
- $523,479
- Forgiveness Date
- Nov 24, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Todd Wadena Electric Cooperative
- Address
- 550 Ash Ave NE
- City
- Wadena
- State
- Minnesota
- ZIP Code
- 56482-2421
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $520,400
Lender Information
- Servicing Lender
- Wadena State Bank
- Originating Lender
- Wadena State Bank
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