# PPP loan: MARIAS RIVER ELECTRIC COOPERATIVE, INC.
> **$364K** approved 06/26/2020 · Paid in Full · Loan `4621458008`
## Borrower
- **Name:** MARIAS RIVER ELECTRIC COOPERATIVE, INC.
- **Address:** 910 W ROOSEVELT HWY, SHELBY, MT, 59474-1700
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $364K
- **Jobs reported:** 20
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*