# PPP loan: MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION
> **$815K** approved 04/11/2020 · Paid in Full · Loan `2844887108`
## Borrower
- **Name:** MINNESOTA VALLEY COOPERATIVE LIGHT & POWER ASSOCIATION
- **Address:** 501 S 1ST ST PO BOX 248, MONTEVIDEO, MN, 56265-2103
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $815K
- **Initial approval:** $815K
- **Forgiven:** $825K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $815K
- **Jobs reported:** 28
## Lender
- **Originating:** Co-op CU of Montevideo
- **Servicing:** Co-op CU of Montevideo (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*