# PPP loan: SHERIDAN ELECTRIC CO-OP., INC.
> **$589K** approved 05/18/2020 · Paid in Full · Loan `8134867410`
## Borrower
- **Name:** SHERIDAN ELECTRIC CO-OP., INC.
- **Address:** 6408 HWY 16 S, MEDICINE LAKE, MT, 59247
- **NAICS:** 926130
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $589K
- **Jobs reported:** 40
## Lender
- **Originating:** Western Security Bank, A Division of Glacier Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*