# PPP loan: DAKOTA VALLEY ELECTRIC CO-OP
> **$736K** approved 05/12/2020 · Paid in Full · Loan `5427817406`
## Borrower
- **Name:** DAKOTA VALLEY ELECTRIC CO-OP
- **Address:** 7296 Highway 281, Edgeley, ND, 58433
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $736K
- **Initial approval:** $736K
- **Forgiven:** $741K (101%)
- **Forgiveness date:** 01/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $736K
- **Jobs reported:** 36
## Lender
- **Originating:** North Star Community CU
- **Servicing:** North Star Community CU (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*