# PPP loan: THE COOPERATIVE LIGHT & POWER ASSOCIATION OF LAKE COUNTY
> **$520K** approved 05/20/2020 · Paid in Full · Loan `9308937402`
## Borrower
- **Name:** THE COOPERATIVE LIGHT & POWER ASSOCIATION OF LAKE COUNTY
- **Address:** 1554 HIGHWAY 2, TWO HARBORS, MN, 55616-4035
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Jobs reported:** 20
## 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*