# PPP loan: WEST RIVER ELECTRIC ASSOCIATION, INC
> **$1.37M** approved 05/20/2020 · Paid in Full · Loan `9735547408`
## Borrower
- **Name:** WEST RIVER ELECTRIC ASSOCIATION, INC
- **Address:** 1200 W 4th Ave, WALL, SD, 57790-6135
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 56
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*