PPP Loan information for Tri-county electric cooperative

$500,000

Tri-county electric cooperative was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 06/25/2020 by The PFCU reported 91 jobs and $500,000 was used to fund payroll.

Tri-county electric cooperative is Existing or more than 2 years old

PPP Loan Search / MI / PORTLAND / Tri-county electric cooperative

TRI-COUNTY ELECTRIC COOPERATIVE

Date Approved

06/25/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRI-COUNTY ELECTRIC COOPERATIVE

Borrower Address

7973 E GRAND RIVER AVE

Borrower City

PORTLAND

Borrower State

MI

Borrower Zip

48875-9717

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99293

Servicing Lender Name

PFCU

Servicing Lender Address

9077 Charlotte St

Servicing Lender City

PORTLAND

Servicing Lender State

MI

Servicing Lender Zip

48875-8417

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

IONIA

Project State

MI

Project Zip

48875-9717

CD

MI-03

Jobs Reported

91

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

99293

Originating Lender

PFCU

Originating Lender City

PORTLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504013.70

Forgiveness Date

04/15/2021

;