# PPP loan: MIDWEST ENERGY ASSOCIATION
> **$409K** approved 03/12/2021 · Paid in Full · Loan `9501488505`
## Borrower
- **Name:** MIDWEST ENERGY ASSOCIATION
- **Address:** 7825 Telegraph Rd, Bloomington, MN, 55438-1133
- **NAICS:** 221210
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $411K (100%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $409K
- **Jobs reported:** 20
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*