PPP Loan information for Choctaw electric cooperative, inc.

$1,475,500

Choctaw electric cooperative, inc. was initially approved for PPP Loan of amount $1,475,500, the current approved amount is $1,475,500. The loan was approved on 06/17/2020 by The First United Bank and Trust Company reported 67 jobs and $1,475,500 was used to fund payroll.

Choctaw electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / OK / HUGO / Choctaw electric cooperative, inc.

CHOCTAW ELECTRIC COOPERATIVE, INC.

Date Approved

06/17/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

CHOCTAW ELECTRIC COOPERATIVE, INC.

Borrower Address

PO BOX 758

Borrower City

HUGO

Borrower State

OK

Borrower Zip

74743-0758

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1475500.00

Current Approval Amount

1475500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

CHOCTAW

Project State

OK

Project Zip

74743-0758

CD

OK-02

Jobs Reported

67

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1475500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1489406.08

Forgiveness Date

06/10/2021

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