PPP Loan information for Missouri rural electric cooperative

$578,919

Missouri rural electric cooperative was initially approved for PPP Loan of amount $578,919, the current approved amount is $578,919. The loan was approved on 04/09/2020 by The HOMEBANK reported 25 jobs and $578,919 was used to fund payroll.

Missouri rural electric cooperative is Existing or more than 2 years old

MISSOURI RURAL ELECTRIC COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MISSOURI RURAL ELECTRIC COOPERATIVE

Borrower Address

975 West Ross Street

Borrower City

PALMYRA

Borrower State

MO

Borrower Zip

63461-1368

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

578919.00

Current Approval Amount

578919.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41204

Servicing Lender Name

HOMEBANK

Servicing Lender Address

400 S Main St

Servicing Lender City

PALMYRA

Servicing Lender State

MO

Servicing Lender Zip

63461-1668

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALMYRA

Project County Name

MARION

Project State

MO

Project Zip

63461-1368

CD

MO-06

Jobs Reported

25

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

578919.00

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

41204

Originating Lender

HOMEBANK

Originating Lender City

PALMYRA

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

582601.57

Forgiveness Date

12/03/2020

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