# PPP loan: STEELE-WASECA COOPERATIVE ELECTRIC
> **$466K** approved 05/20/2020 · Paid in Full · Loan `9717117404`
## Borrower
- **Name:** STEELE-WASECA COOPERATIVE ELECTRIC
- **Address:** 2411 West Bridge Street, OWATONNA, MN, 55060-5004
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Unanswered
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $466K
- **Jobs reported:** 31
## 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*