PPP Loan information for Eau claire energy cooperative

$495,000

Eau claire energy cooperative was initially approved for PPP Loan of amount $495,000, the current approved amount is $495,000. The loan was approved on 04/27/2020 by The Frandsen Bank & Trust reported 34 jobs and $495,000 was used to fund payroll.

Eau claire energy cooperative is Existing or more than 2 years old

PPP Loan Search / WI / FALL CREEK / Eau claire energy cooperative

EAU CLAIRE ENERGY COOPERATIVE

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

EAU CLAIRE ENERGY COOPERATIVE

Borrower Address

8214 US HWY 12 P.O.BOX 368

Borrower City

FALL CREEK

Borrower State

WI

Borrower Zip

54742-0368

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495000.00

Current Approval Amount

495000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALL CREEK

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54742-0368

CD

WI-03

Jobs Reported

34

NAICS Code

221121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

495000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

498336.16

Forgiveness Date

01/06/2021

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