Burke Divide Electric Cooperative INC

$900,000 PPP Loan in Columbus, North Dakota

Loan Details

Loan Number
4040287305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$900,000
Current Approval
$900,000
Forgiveness Amount
$909,450
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Burke Divide Electric Cooperative INC
Address
9549 Highway 5
ZIP Code
58727-9560
Business Type
Cooperative
Industry (NAICS)
Utilities (221118)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$850,000
Utilities
$25,000
Mortgage Interest
$25,000

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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