PPP Loan information for Panhandle rural electric membership association

$540,498

Panhandle rural electric membership association was initially approved for PPP Loan of amount $540,498, the current approved amount is $540,498. The loan was approved on 05/22/2020 by The CoBank ACB reported 26 jobs and $540,498 was used to fund payroll.

Panhandle rural electric membership association is Existing or more than 2 years old

PANHANDLE RURAL ELECTRIC MEMBERSHIP ASSOCIATION

Date Approved

05/22/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

PANHANDLE RURAL ELECTRIC MEMBERSHIP ASSOCIATION

Borrower Address

251 BRAYTON RD

Borrower City

ALLIANCE

Borrower State

NE

Borrower Zip

69301-4440

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540497.50

Current Approval Amount

540497.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLIANCE

Project County Name

BOX BUTTE

Project State

NE

Project Zip

69301-4440

CD

NE-03

Jobs Reported

26

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540497.50

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

544911.56

Forgiveness Date

03/18/2021

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