# PPP loan: GOLDENWEST ELECTRIC COOPERATIVE INC
> **$159K** approved 04/06/2020 · Paid in Full · Loan `6055827009`
## Borrower
- **Name:** GOLDENWEST ELECTRIC COOPERATIVE INC
- **Address:** PO BOX 177, WIBAUX, MT, 59353-0177
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Health care:** $15K
- **Jobs reported:** 9
## 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*