# PPP loan: JACKSON ELECTRIC COOPERATIVE
> **$538K** approved 04/09/2020 · Paid in Full · Loan `8970157001`
## Borrower
- **Name:** JACKSON ELECTRIC COOPERATIVE
- **Address:** N6868 County Rd F, BLACK RIVER FALLS, WI, 54615-5709
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Unanswered
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $546K (102%)
- **Forgiveness date:** 12/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 36
## Lender
- **Originating:** Black River Country Bank
- **Servicing:** Black River Country Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*