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Mille Lacs Energy Cooperative

$936,700 PPP Loan in Aitkin, Minnesota

Loan Details

Loan Number
3754357201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$936,700
Current Approval
$936,700
Forgiveness Amount
$941,904
Forgiveness Date
Nov 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mille Lacs Energy Cooperative
Address
36559 US Highway 169
City
Aitkin
State
Minnesota
ZIP Code
56431-4201
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$936,700

Lender Information

Servicing Lender
Neighborhood National Bank
Originating Lender
Neighborhood National Bank

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