# PPP loan: NORTHEAST LOUISIANA POWER COOPERATIVE INC
> **$729K** approved 02/04/2021 · Paid in Full · Loan `3237508403`
## Borrower
- **Name:** NORTHEAST LOUISIANA POWER COOPERATIVE INC
- **Address:** 1411 Landis St, Winnsboro, LA, 71295-2644
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $729K
- **Initial approval:** $729K
- **Forgiven:** $734K (101%)
- **Forgiveness date:** 10/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $729K
- **Jobs reported:** 60
## Lender
- **Originating:** Winnsboro State Bank & Trust Co.
- **Servicing:** Winnsboro State Bank & Trust Co. (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*