Goodhue County Cooperative Electric Association

$528,625 PPP Loan in Zumbrota, Minnesota

Loan Details

Loan Number
3990698403
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$528,625
Current Approval
$528,625
Forgiveness Amount
$530,974
Forgiveness Date
Jul 21, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Goodhue County Cooperative Electric Association
Address
1410 Northstar Dr
ZIP Code
55992-1091
Business Type
501(c)3 � Non Profit
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$528,621
Utilities
$1

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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