Barrow Utilities and Electric Cooperative INC

$1,420,687 PPP Loan in Barrow, Alaska

Loan Details

Loan Number
6443657901
Date Approved
Jun 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,420,687
Current Approval
$1,420,687
Forgiveness Amount
$1,434,777
Forgiveness Date
Jun 22, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Barrow Utilities and Electric Cooperative INC
Address
Po Box 449/ 1295 Agvik St
City
Barrow
State
Alaska
ZIP Code
99723
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
AK-

Loan Use Breakdown

Payroll
$1,186,126
Rent
$17,439
Utilities
$217,122

Lender Information

Servicing Lender
Native American Bank, National Association
Originating Lender
Native American Bank, National Association

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