PPP Loan information for Coles-moultrie electric cooperative

$798,979

Coles-moultrie electric cooperative was initially approved for PPP Loan of amount $798,979, the current approved amount is $798,979. The loan was approved on 05/19/2020 by The CoBank ACB reported 34 jobs and $798,979 was used to fund payroll.

Coles-moultrie electric cooperative is Existing or more than 2 years old

PPP Loan Search / IL / MATTOON / Coles-moultrie electric cooperative

COLES-MOULTRIE ELECTRIC COOPERATIVE

Date Approved

05/19/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COLES-MOULTRIE ELECTRIC COOPERATIVE

Borrower Address

104 DEWITT AVE EAST

Borrower City

MATTOON

Borrower State

IL

Borrower Zip

61938-3484

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798978.77

Current Approval Amount

798978.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MATTOON

Project County Name

COLES

Project State

IL

Project Zip

61938-3484

CD

IL-15

Jobs Reported

34

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

798978.77

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

Cooperative

Originating Lender Location Id

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

805792.28

Forgiveness Date

03/26/2021

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