PPP Loan information for United electric cooperative, inc.

$1,376,400

United electric cooperative, inc. was initially approved for PPP Loan of amount $1,376,400, the current approved amount is $1,376,400. The loan was approved on 06/03/2020 by The First Commonwealth Bank reported 53 jobs and $1,376,400 was used to fund payroll.

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

UNITED ELECTRIC COOPERATIVE, INC.

Date Approved

06/03/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

UNITED ELECTRIC COOPERATIVE, INC.

Borrower Address

29 UNITED RD

Borrower City

DU BOIS

Borrower State

PA

Borrower Zip

15801-6383

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1376400.00

Current Approval Amount

1376400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DU BOIS

Project County Name

CLEARFIELD

Project State

PA

Project Zip

15801-6383

CD

PA-15

Jobs Reported

53

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1376400.00

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

Non-Profit Organization

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1389598.36

Forgiveness Date

05/21/2021

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