# PPP loan: WASHINGTON ELECTRIC COOPERATIVE
> **$843K** approved 04/13/2020 · Paid in Full · Loan `4319737110`
## Borrower
- **Name:** WASHINGTON ELECTRIC COOPERATIVE
- **Address:** 40 Church Street, EAST MONTPELIER, VT, 05651
- **NAICS:** 221121
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $848K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Jobs reported:** 36
## Lender
- **Originating:** Northfield Savings Bank
- **Servicing:** Northfield Savings Bank (VT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*