PPP Loan information for Shelby energy cooperative, inc.

$927,488

Shelby energy cooperative, inc. was initially approved for PPP Loan of amount $927,488, the current approved amount is $927,488. The loan was approved on 05/18/2020 by The German American Bank reported 42 jobs and $927,488 was used to fund payroll.

Shelby energy cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / KY / Shelbyville / Shelby energy cooperative, inc.

SHELBY ENERGY COOPERATIVE, INC.

Date Approved

05/18/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SHELBY ENERGY COOPERATIVE, INC.

Borrower Address

620 Old Finchville Road

Borrower City

Shelbyville

Borrower State

KY

Borrower Zip

40065

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

927487.50

Current Approval Amount

927487.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelbyville

Project County Name

SHELBY

Project State

KY

Project Zip

40065-1000

CD

KY-04

Jobs Reported

42

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

927487.50

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

Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

933433.58

Forgiveness Date

01/08/2021

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