PPP Loan information for Licking valley rural electric cooperative corporation

$563,488

Licking valley rural electric cooperative corporation was initially approved for PPP Loan of amount $563,488, the current approved amount is $563,488. The loan was approved on 04/06/2020 by The Bank of the Mountains, Inc. reported 41 jobs and $563,488 was used to fund payroll.

Licking valley rural electric cooperative corporation is Existing or more than 2 years old

PPP Loan Search / KY / WEST LIBERTY / Licking valley rural electric cooperative corporation

LICKING VALLEY RURAL ELECTRIC COOPERATIVE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LICKING VALLEY RURAL ELECTRIC COOPERATIVE CORPORATION

Borrower Address

PO BOX 605, 271 Main Street

Borrower City

WEST LIBERTY

Borrower State

KY

Borrower Zip

41472-0605

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

563488.17

Current Approval Amount

563488.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27970

Servicing Lender Name

Bank of the Mountains, Inc.

Servicing Lender Address

204 Court St

Servicing Lender City

WEST LIBERTY

Servicing Lender State

KY

Servicing Lender Zip

41472-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST LIBERTY

Project County Name

MORGAN

Project State

KY

Project Zip

41472-0605

CD

KY-05

Jobs Reported

41

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

563488.17

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

27970

Originating Lender

Bank of the Mountains, Inc.

Originating Lender City

WEST LIBERTY

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567610.12

Forgiveness Date

01/06/2021

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