As part of the Paycheck Protection Program NODAK ELECTRIC COOPERATIVE, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NODAK ELECTRIC COOPERATIVE, INC


Loan Amount	$1,518,414
BusinessName	NODAK ELECTRIC COOPERATIVE, INC
Address	4000 32ND AVE SOUTH
City	GRAND FORKS
State	ND
Zip	58201
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	65
DateApproved	06/01/2020
Lender	CoBank ACB
CD	ND-
BusinessName.clean	NODAK ELECTRIC COOPERATIVE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NODAK OILFIELD SERVICES
NODLAND CONSTRUCTION CO
NOEL COMPANY
NOELS FIRE PROTECTION MANAGEMENT SERVICES
AQUAFIL OMARA