Kem Electric Cooperative INC
$368,000 PPP Loan in Linton, North Dakota
Loan Details
- Loan Number
- 4372257009
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $368,000
- Current Approval
- $368,000
- Forgiveness Amount
- $372,053
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kem Electric Cooperative INC
- Address
- 107 S Broadway St
- City
- Linton
- State
- North Dakota
- ZIP Code
- 58552-7026
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $368,000
Lender Information
- Servicing Lender
- Starion Bank
- Originating Lender
- Starion Bank
Other PPP Loans in Linton, ND
| Business | Approved | |
|---|---|---|
| Linton Hospital | $967,600 |  Research |
| K & H Electric, Inc. | $235,600 | Research |
| Straightline Directional, LLC | $208,896 | Research |
| Prairie Heating & Air, INC | $126,300 | Research |
| Allan Glatt | $100,000 | Research |
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