PPP Loan information for Daviess-martin county remc

$544,025

Daviess-martin county remc was initially approved for PPP Loan of amount $544,025, the current approved amount is $544,025. The loan was approved on 04/14/2020 by The Old National Bank reported 25 jobs and $544,025 was used to fund payroll.

Daviess-martin county remc is Existing or more than 2 years old

PPP Loan Search / IN / LOOGOOTEE / Daviess-martin county remc

DAVIESS-MARTIN COUNTY REMC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DAVIESS-MARTIN COUNTY REMC

Borrower Address

12628 E 75 N

Borrower City

LOOGOOTEE

Borrower State

IN

Borrower Zip

47553-0430

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544025.00

Current Approval Amount

544025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOOGOOTEE

Project County Name

MARTIN

Project State

IN

Project Zip

47553-0430

CD

IN-08

Jobs Reported

25

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544025.00

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

Cooperative

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

547110.29

Forgiveness Date

11/23/2020

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