# PPP loan: CAPITAL ELECTRIC COOPERATIVE, INC.
> **$908K** approved 04/15/2020 · Paid in Full · Loan `1116417202`
## Borrower
- **Name:** CAPITAL ELECTRIC COOPERATIVE, INC.
- **Address:** 4111 STATE ST, BISMARCK, ND, 58503-0622
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $908K
- **Initial approval:** $908K
- **Forgiven:** $918K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $908K
- **Jobs reported:** 38
## Lender
- **Originating:** First Community CU
- **Servicing:** First Community CU (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*