# PPP loan: GOODHUE COUNTY COOPERATIVE ELECTRIC ASSOCIATION
> **$529K** approved 02/05/2021 · Paid in Full · Loan `3990698403`
## Borrower
- **Name:** GOODHUE COUNTY COOPERATIVE ELECTRIC ASSOCIATION
- **Address:** 1410 Northstar Dr, Zumbrota, MN, 55992-1091
- **NAICS:** 221122
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $531K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $529K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** First Farmers & Merchants Bank
- **Servicing:** First Farmers & Merchants Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*