GOLDENWEST ELECTRIC COOPERATIVE INC (MT) - 2020 PPP Loan Borrower Profile (# 3975378305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GOLDENWEST ELECTRIC COOPERATIVE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Montana.

Loan Detail

Loan Number

3975378305

SBA Office Code

0885

Processing Method

PPS

Curent Loan Amount

$164,000

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$164,840.22

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

59 Months

Utilities Proced

Payroll Proced

163,998

Lender

Stockman Bank of Montana

Business Detail

Business Type

Cooperative

NAICS

221122

Borrower Location

Wibaux, MT

Project Location

Wibaux, MT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.