PPP Loan information for Steuben county rural electric membership corporation

$517,200

Steuben county rural electric membership corporation was initially approved for PPP Loan of amount $517,200, the current approved amount is $517,200. The loan was approved on 04/15/2020 by The Farmers State Bank reported 29 jobs and $517,200 was used to fund payroll.

Steuben county rural electric membership corporation is Existing or more than 2 years old

PPP Loan Search / IN / ANGOLA / Steuben county rural electric membership corporation

STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

1212 S WAYNE ST

Borrower City

ANGOLA

Borrower State

IN

Borrower Zip

46703-2189

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517200.00

Current Approval Amount

517200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23855

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

220 S Detroit St

Servicing Lender City

LAGRANGE

Servicing Lender State

IN

Servicing Lender Zip

46761-1808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANGOLA

Project County Name

STEUBEN

Project State

IN

Project Zip

46703-2189

CD

IN-03

Jobs Reported

29

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

517200.00

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

Subchapter S Corporation

Originating Lender Location Id

23855

Originating Lender

Farmers State Bank

Originating Lender City

LAGRANGE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522228.33

Forgiveness Date

04/05/2021

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