Verendrye Electric Cooperative, Inc.
$1,686,200 PPP Loan in Velva, North Dakota
Loan Details
- Loan Number
- 7307997005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,686,200
- Current Approval
- $1,686,200
- Forgiveness Amount
- $1,704,186
- Forgiveness Date
- May 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Verendrye Electric Cooperative, Inc.
- Address
- 615 Highway 52 W
- City
- Velva
- State
- North Dakota
- ZIP Code
- 58790-7417
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,686,200
Lender Information
- Servicing Lender
- First Western Bank & Trust
- Originating Lender
- First Western Bank & Trust
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