# PPP loan: GLACIER ELECTRIC COOPERATIVE, INC
> **$644K** approved 04/03/2020 · Paid in Full · Loan `4397447003`
## Borrower
- **Name:** GLACIER ELECTRIC COOPERATIVE, INC
- **Address:** 401 East Main Street, CUT BANK, MT, 59427-3014
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $644K
- **Initial approval:** $644K
- **Forgiven:** $648K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $644K
- **Jobs reported:** 33
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*