# PPP loan: THE NEMAHA-MARSHALL ELECTRIC COOPERATIVE ASSOCIATION INC
> **$304K** approved 02/04/2021 · Paid in Full · Loan `2768088402`
## Borrower
- **Name:** THE NEMAHA-MARSHALL ELECTRIC COOPERATIVE ASSOCIATION INC
- **Address:** 402 Prairie St, Axtell, KS, 66403-9625
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $305K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $304K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** United Bank & Trust
- **Servicing:** United Bank & Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*