# PPP loan: MIENERGY COOPERATIVE
> **$1.63M** approved 04/09/2020 · Paid in Full · Loan `8910517000`
## Borrower
- **Name:** MIENERGY COOPERATIVE
- **Address:** 31110 Cooperative Way, RUSHFORD, MN, 55971-8800
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 80
## Lender
- **Originating:** CUSB Bank
- **Servicing:** CUSB Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*