NIOBRARA ELECTRIC ASSOCIATION (WY) - 2020 PPP Loan Borrower Profile (# 7602747308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to NIOBRARA ELECTRIC ASSOCIATION. 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 Wyoming.

Loan Detail

Loan Number

7602747308

SBA Office Code

0897

Processing Method

PPP

Curent Loan Amount

$471,000

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$473,368.08

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

25,000

Payroll Proced

316,000

Health Care Proceed

120,000

Debt Interest Proceed

10,000

Lender

Sandhills State Bank

Business Detail

Business Type

Cooperative

NAICS

221122

Borrower Location

LUSK, WY

Project Location

LUSK, WY

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.