North Dakota Association of Rural Electric Cooperatives

$497,781 PPP Loan in Mandan, North Dakota

Loan Details

Loan Number
9349518604
Date Approved
Mar 25, 2021
Loan Status
Paid in Full
Initial Approval
$497,781
Current Approval
$497,781
Forgiveness Amount
$499,881
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
North Dakota Association of Rural Electric Cooperatives
Address
3201 Nygren Dr NW
City
Mandan
ZIP Code
58554-1480
Business Type
501(c)6 � Non Profit Membership
Industry (NAICS)
Other Services (except Public Administration) (813910)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$497,779
Utilities
$1

Lender Information

Servicing Lender
Starion Bank
Originating Lender
Starion Bank

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