# PPP loan: CKENERGY ELECTRIC COOPERATIVE INC.
> **$1.87M** approved 04/29/2020 · Paid in Full · Loan `2006277310`
## Borrower
- **Name:** CKENERGY ELECTRIC COOPERATIVE INC.
- **Address:** 14039 State Highway 152, BINGER, OK, 73009-5071
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.86M
- **Utilities:** $14K
- **Jobs reported:** 92
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*