# PPP loan: NORTHERN PLAINS ELECTRIC COOPERATIVE
> **$1.13M** approved 05/15/2020 · Paid in Full · Loan `6759577407`
## Borrower
- **Name:** NORTHERN PLAINS ELECTRIC COOPERATIVE
- **Address:** 1515 West Main, CARRINGTON, ND, 58421
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.10M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 42
## Lender
- **Originating:** Bravera Bank
- **Servicing:** Bravera Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*