# PPP loan: UNITED ELECTRIC COOPERATIVE, INC.
> **$1.38M** approved 06/03/2020 · Paid in Full · Loan `7252007809`
## Borrower
- **Name:** UNITED ELECTRIC COOPERATIVE, INC.
- **Address:** 29 UNITED RD, DU BOIS, PA, 15801-6383
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 53
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*