PPP Loan information for Parke county rural electric membership corporation

$677,800

Parke county rural electric membership corporation was initially approved for PPP Loan of amount $677,800, the current approved amount is $677,800. The loan was approved on 04/28/2020 by The The Fountain Trust Company reported 35 jobs and $677,800 was used to fund payroll.

Parke county rural electric membership corporation is Existing or more than 2 years old

PARKE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PARKE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

119 W. High St.

Borrower City

ROCKVILLE

Borrower State

IN

Borrower Zip

47872

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

677800.00

Current Approval Amount

677800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23032

Servicing Lender Name

The Fountain Trust Company

Servicing Lender Address

615 Third St

Servicing Lender City

COVINGTON

Servicing Lender State

IN

Servicing Lender Zip

47932-1165

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

PARKE

Project State

IN

Project Zip

47872-0001

CD

IN-08

Jobs Reported

35

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

677800.00

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

Corporation

Originating Lender Location Id

23032

Originating Lender

The Fountain Trust Company

Originating Lender City

COVINGTON

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

681328.27

Forgiveness Date

11/12/2020

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