# PPP loan: INDIAN ELECTRIC COOPERATIVE, INC.
> **$1.44M** approved 05/20/2020 · Paid in Full · Loan `9594167407`
## Borrower
- **Name:** INDIAN ELECTRIC COOPERATIVE, INC.
- **Address:** 2506 E HIGHWAY 64, CLEVELAND, OK, 74020-4054
- **NAICS:** 221121
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Jobs reported:** 79
## Lender
- **Originating:** American Heritage Bank
- **Servicing:** American Heritage Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*