Lake Region Electric Cooperative
$1,643,527 PPP Loan in Pelican Rapids, Minnesota
Loan Details
- Loan Number
- 9808517804
- Date Approved
- Jun 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,643,527
- Current Approval
- $1,643,527
- Forgiveness Amount
- $1,653,388
- Forgiveness Date
- Jan 22, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Lake Region Electric Cooperative
- Address
- 1401 S Broadway
- City
- Pelican Rapids
- State
- Minnesota
- ZIP Code
- 56572-4723
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 70
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $1,643,527
Lender Information
- Servicing Lender
- Cobank Acb
- Originating Lender
- Cobank Acb
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