PPP Loan information for Hendricks county rural electric membership corp.

$1,301,600

Hendricks county rural electric membership corp. was initially approved for PPP Loan of amount $1,301,600, the current approved amount is $1,301,600. The loan was approved on 01/17/2021 by The The North Salem State Bank reported 76 jobs and $1,301,600 was used to fund payroll.

Hendricks county rural electric membership corp. is Existing or more than 2 years old

PPP Loan Search / IN / Avon / Hendricks county rural electric membership corp.

HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORP.

Date Approved

01/17/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORP.

Borrower Address

86 N County Road 500 E

Borrower City

Avon

Borrower State

IN

Borrower Zip

46123-9481

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1301600.00

Current Approval Amount

1301600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24090

Servicing Lender Name

The North Salem State Bank

Servicing Lender Address

7 N Broadway St

Servicing Lender City

NORTH SALEM

Servicing Lender State

IN

Servicing Lender Zip

46165

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Avon

Project County Name

HENDRICKS

Project State

IN

Project Zip

46123-9481

CD

IN-04

Jobs Reported

76

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1301600.00

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

Corporation

Originating Lender Location Id

24090

Originating Lender

The North Salem State Bank

Originating Lender City

NORTH SALEM

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1306770.74

Forgiveness Date

06/15/2021

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