# PPP loan: OAHE ELECTRIC COOPERATIVE, INC.
> **$274K** approved 04/28/2020 · Paid in Full · Loan `9977727210`
## Borrower
- **Name:** OAHE ELECTRIC COOPERATIVE, INC.
- **Address:** PO BOX 216, BLUNT, SD, 57522-0216
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $69K
- **Jobs reported:** 14
## Lender
- **Originating:** First Dakota National Bank
- **Servicing:** First Dakota National Bank (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*