Norval Electric Cooperative, INC

$480,250 PPP Loan in Glasgow, Montana

Loan Details

Loan Number
6418617408
Date Approved
May 14, 2020
Loan Status
Paid in Full
Initial Approval
$480,250
Current Approval
$480,250
Forgiveness Amount
$485,355
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norval Electric Cooperative, INC
Address
Po Box 951
State
Montana
ZIP Code
59230-0951
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MT-02

Loan Use Breakdown

Payroll
$480,250

Lender Information

Servicing Lender
Independence Bank
Originating Lender
Independence Bank

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