# PPP loan: SOUTH LOUISIANA ELECTRIC COOPERATIVE ASSOCIATION
> **$1.81M** approved 05/19/2020 · Paid in Full · Loan `8869347408`
## Borrower
- **Name:** SOUTH LOUISIANA ELECTRIC COOPERATIVE ASSOCIATION
- **Address:** 2028 COTEAU RD, HOUMA, LA, 70364-2164
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 83
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*