PPP Loan information for Red river valley rural electric association

$758,800

Red river valley rural electric association was initially approved for PPP Loan of amount $758,800, the current approved amount is $758,800. The loan was approved on 05/15/2020 by The BancFirst reported 40 jobs and $758,800 was used to fund payroll.

Red river valley rural electric association is Existing or more than 2 years old

RED RIVER VALLEY RURAL ELECTRIC ASSOCIATION

Date Approved

05/15/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

RED RIVER VALLEY RURAL ELECTRIC ASSOCIATION

Borrower Address

1003 MEMORIAL DR

Borrower City

MARIETTA

Borrower State

OK

Borrower Zip

73448

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758800.00

Current Approval Amount

758800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112722

Servicing Lender Name

BancFirst

Servicing Lender Address

100 N Broadway Ave, Ste 1000

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73102-8405

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARIETTA

Project County Name

LOVE

Project State

OK

Project Zip

73448-0001

CD

OK-04

Jobs Reported

40

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

758800.00

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

112722

Originating Lender

BancFirst

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

762645.97

Forgiveness Date

11/17/2020

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