PPP Loan information for Fulton county rural electric membership cooperative

$321,640

Fulton county rural electric membership cooperative was initially approved for PPP Loan of amount $321,640, the current approved amount is $321,640. The loan was approved on 03/02/2021 by The The First National Bank of Monterey reported 19 jobs and $321,640 was used to fund payroll.

Fulton county rural electric membership cooperative is Existing or more than 2 years old

FULTON COUNTY RURAL ELECTRIC MEMBERSHIP COOPERATIVE

Date Approved

03/02/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FULTON COUNTY RURAL ELECTRIC MEMBERSHIP COOPERATIVE

Borrower Address

1448 W State Road 14

Borrower City

Rochester

Borrower State

IN

Borrower Zip

46975-7919

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321640.00

Current Approval Amount

321640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23984

Servicing Lender Name

The First National Bank of Monterey

Servicing Lender Address

6222 E Main St

Servicing Lender City

MONTEREY

Servicing Lender State

IN

Servicing Lender Zip

46960-9430

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

FULTON

Project State

IN

Project Zip

46975-7919

CD

IN-02

Jobs Reported

19

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

321640.00

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

23984

Originating Lender

The First National Bank of Monterey

Originating Lender City

MONTEREY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

323208.55

Forgiveness Date

09/07/2021

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