PPP Loan information for Oklahoma electric cooperative

$3,639,700

Oklahoma electric cooperative was initially approved for PPP Loan of amount $3,475,000, the current approved amount is $3,639,700. The loan was approved on 04/06/2020 by The Armstrong Bank reported 170 jobs and $3,639,700 was used to fund payroll.

Oklahoma electric cooperative is Existing or more than 2 years old

PPP Loan Search / OK / NORMAN / Oklahoma electric cooperative

OKLAHOMA ELECTRIC COOPERATIVE

Date Approved

04/06/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

OKLAHOMA ELECTRIC COOPERATIVE

Borrower Address

242 24th Ave NW

Borrower City

NORMAN

Borrower State

OK

Borrower Zip

73069-6371

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3475000.00

Current Approval Amount

3639700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59482

Servicing Lender Name

Armstrong Bank

Servicing Lender Address

1215 W Okmulgee St

Servicing Lender City

MUSKOGEE

Servicing Lender State

OK

Servicing Lender Zip

74401-6849

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORMAN

Project County Name

CLEVELAND

Project State

OK

Project Zip

73069-6371

CD

OK-04

Jobs Reported

170

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3639700.00

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

59482

Originating Lender

Armstrong Bank

Originating Lender City

MUSKOGEE

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3679287.97

Forgiveness Date

06/29/2021

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