PPP Loan information for Southside electric cooperative inc.

$3,582,368

Southside electric cooperative inc. was initially approved for PPP Loan of amount $3,582,368, the current approved amount is $3,582,368. The loan was approved on 04/01/2021 by The CoBank ACB reported 134 jobs and $3,582,368 was used to fund payroll.

Southside electric cooperative inc. is Existing or more than 2 years old

PPP Loan Search / VA / Crewe / Southside electric cooperative inc.

SOUTHSIDE ELECTRIC COOPERATIVE INC.

Date Approved

04/01/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHSIDE ELECTRIC COOPERATIVE INC.

Borrower Address

2000 W Virginia Ave

Borrower City

Crewe

Borrower State

VA

Borrower Zip

23930-1072

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3582367.50

Current Approval Amount

3582367.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crewe

Project County Name

NOTTOWAY

Project State

VA

Project Zip

23930-1072

CD

VA-05

Jobs Reported

134

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3582365.50

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3609334.77

Forgiveness Date

01/06/2022

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