PPP Loan information for Jasper county rural electric membership corporation

$652,055

Jasper county rural electric membership corporation was initially approved for PPP Loan of amount $652,055, the current approved amount is $652,055. The loan was approved on 05/29/2020 by The CoBank ACB reported 33 jobs and $652,055 was used to fund payroll.

Jasper county rural electric membership corporation is Existing or more than 2 years old

JASPER COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Date Approved

05/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JASPER COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

280 E WOOD RD

Borrower City

RENSSELAER

Borrower State

IN

Borrower Zip

47978-7508

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652055.00

Current Approval Amount

652055.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RENSSELAER

Project County Name

JASPER

Project State

IN

Project Zip

47978-7508

CD

IN-04

Jobs Reported

33

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

652055.00

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

657796.71

Forgiveness Date

04/16/2021

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