Lower Yellowstone Rural Electric Cooperative INC

$617,100 PPP Loan in Sidney, Montana

Loan Details

Loan Number
8394927008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$617,100
Current Approval
$617,100
Forgiveness Amount
$621,428
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lower Yellowstone Rural Electric Cooperative INC
Address
Po Box 1047
City
Sidney
State
Montana
ZIP Code
59270-1047
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-02

Loan Use Breakdown

Payroll
$462,825
Utilities
$30,855
Health Care
$123,420

Lender Information

Servicing Lender
Stockman Bank of Montana
Originating Lender
Stockman Bank of Montana

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