PPP Loan information for Pennyrile rural electric cooperative corporation

$1,987,500

Pennyrile rural electric cooperative corporation was initially approved for PPP Loan of amount $1,987,500, the current approved amount is $1,987,500. The loan was approved on 05/20/2020 by The CoBank ACB reported 111 jobs and $1,987,500 was used to fund payroll.

Pennyrile rural electric cooperative corporation is Existing or more than 2 years old

PPP Loan Search / KY / HOPKINSVILLE / Pennyrile rural electric cooperative corporation

PENNYRILE RURAL ELECTRIC COOPERATIVE CORPORATION

Date Approved

05/20/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PENNYRILE RURAL ELECTRIC COOPERATIVE CORPORATION

Borrower Address

2000 HARRISON ST

Borrower City

HOPKINSVILLE

Borrower State

KY

Borrower Zip

42240-3678

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1987500.00

Current Approval Amount

1987500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPKINSVILLE

Project County Name

CHRISTIAN

Project State

KY

Project Zip

42240-3678

CD

KY-01

Jobs Reported

111

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1987500.00

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008755.21

Forgiveness Date

06/16/2021

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