PPP Loan information for Richland electric cooperative

$357,848

Richland electric cooperative was initially approved for PPP Loan of amount $357,848, the current approved amount is $357,848. The loan was approved on 04/15/2020 by The Westby Co-op CU reported 15 jobs and $357,848 was used to fund payroll.

Richland electric cooperative is Existing or more than 2 years old

RICHLAND ELECTRIC COOPERATIVE

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RICHLAND ELECTRIC COOPERATIVE

Borrower Address

1027 N Jefferson St

Borrower City

RICHLAND CENTER

Borrower State

WI

Borrower Zip

53581

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357847.50

Current Approval Amount

357847.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108493

Servicing Lender Name

Westby Co-op CU

Servicing Lender Address

501 N Main St

Servicing Lender City

WESTBY

Servicing Lender State

WI

Servicing Lender Zip

54667-1129

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND CENTER

Project County Name

RICHLAND

Project State

WI

Project Zip

53581-0001

CD

WI-03

Jobs Reported

15

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357847.50

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

108493

Originating Lender

Westby Co-op CU

Originating Lender City

WESTBY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361873.28

Forgiveness Date

06/01/2021

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