PPP Loan information for Owen electric cooperative, inc

$1,985,000

Owen electric cooperative, inc was initially approved for PPP Loan of amount $1,985,000, the current approved amount is $1,985,000. The loan was approved on 05/16/2020 by The German American Bank reported 135 jobs and $1,985,000 was used to fund payroll.

Owen electric cooperative, inc is Existing or more than 2 years old

PPP Loan Search / KY / Owenton / Owen electric cooperative, inc

OWEN ELECTRIC COOPERATIVE, INC

Date Approved

05/16/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

OWEN ELECTRIC COOPERATIVE, INC

Borrower Address

8205 Hwy 127 N

Borrower City

Owenton

Borrower State

KY

Borrower Zip

40359

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1985000.00

Current Approval Amount

1985000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Owenton

Project County Name

OWEN

Project State

KY

Project Zip

40359-0001

CD

KY-04

Jobs Reported

135

NAICS Code

221122

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1985000.00

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

Non-Profit Organization

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2005393.84

Forgiveness Date

06/01/2021

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