PPP Loan information for Utilities district of western indiana rural electric members

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

UTILITIES DISTRICT OF WESTERN INDIANA RURAL ELECTRIC MEMBERS

Borrower Address

1666 STATE ROAD 54

Borrower City

BLOOMFIELD

Borrower State

IN

Borrower Zip

47424-5193

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79405

Servicing Lender Name

Farmers & Mechanics Federal Savings Bank

Servicing Lender Address

225 E Main St

Servicing Lender City

BLOOMFIELD

Servicing Lender State

IN

Servicing Lender Zip

47424-1421

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD

Project County Name

GREENE

Project State

IN

Project Zip

47424-5193

CD

IN-08

Jobs Reported

48

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

950000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

79405

Originating Lender

Farmers & Mechanics Federal Savings Bank

Originating Lender City

BLOOMFIELD

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008722.22

Forgiveness Date

03/11/2021