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Ravalli County Electric Cooperative, INC

$716,700 PPP Loan in Victor, Montana

Loan Details

Loan Number
6071537103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$716,700
Current Approval
$716,700
Forgiveness Amount
$722,316
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ravalli County Electric Cooperative, INC
Address
143 Bell Xing
City
Victor
State
Montana
ZIP Code
59875-9529
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MT-01

Loan Use Breakdown

Payroll
$537,525
Rent
$89,587
Utilities
$89,588

Lender Information

Servicing Lender
Trailwest Bank
Originating Lender
Trailwest Bank

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