PPP Loan information for Lacreek electric association inc

$591,512

Lacreek electric association inc was initially approved for PPP Loan of amount $591,512, the current approved amount is $591,512. The loan was approved on 03/26/2021 by The Security First Bank reported 29 jobs and $591,512 was used to fund payroll.

Lacreek electric association inc is Existing or more than 2 years old

PPP Loan Search / SD / Martin / Lacreek electric association inc

LACREEK ELECTRIC ASSOCIATION INC

Date Approved

03/26/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LACREEK ELECTRIC ASSOCIATION INC

Borrower Address

121 N Harold St

Borrower City

Martin

Borrower State

SD

Borrower Zip

57551-8903

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

591512.00

Current Approval Amount

591512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42215

Servicing Lender Name

Security First Bank

Servicing Lender Address

5505 Red Rock Lane

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68516-2520

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Martin

Project County Name

BENNETT

Project State

SD

Project Zip

57551-8903

CD

SD-

Jobs Reported

29

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591512.00

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

42215

Originating Lender

Security First Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592957.92

Forgiveness Date

06/28/2021

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