PPP Loan information for Texas electric cooperatives, inc.

$3,550,820

Texas electric cooperatives, inc. was initially approved for PPP Loan of amount $3,550,820, the current approved amount is $3,550,820. The loan was approved on 04/13/2020 by The Regions Bank reported 250 jobs and $3,550,820 was used to fund payroll.

Texas electric cooperatives, inc. is Existing or more than 2 years old

PPP Loan Search / TX / AUSTIN / Texas electric cooperatives, inc.

TEXAS ELECTRIC COOPERATIVES, INC.

Date Approved

04/13/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

TEXAS ELECTRIC COOPERATIVES, INC.

Borrower Address

1122 Colorado Street,

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78701-2100

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3550820.00

Current Approval Amount

3550820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78701-2100

CD

TX-21

Jobs Reported

250

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3550820.00

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

Cooperative

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;