# PPP loan: TRI-COUNTY ELECTRIC COOPERATIVE
> **$500K** approved 06/25/2020 · Paid in Full · Loan `3724278000`
## Borrower
- **Name:** TRI-COUNTY ELECTRIC COOPERATIVE
- **Address:** 7973 E GRAND RIVER AVE, PORTLAND, MI, 48875-9717
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 91
## Lender
- **Originating:** PFCU
- **Servicing:** PFCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*