PPP Loan information for Vernon electric cooperative

$826,300

Vernon electric cooperative was initially approved for PPP Loan of amount $826,300, the current approved amount is $826,300. The loan was approved on 04/27/2020 by The Westby Co-op CU reported 29 jobs and $826,300 was used to fund payroll.

Vernon electric cooperative is Existing or more than 2 years old

PPP Loan Search / WI / Westby / Vernon electric cooperative

VERNON ELECTRIC COOPERATIVE

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VERNON ELECTRIC COOPERATIVE

Borrower Address

110 Saugstad Road

Borrower City

Westby

Borrower State

WI

Borrower Zip

54667

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

826300.00

Current Approval Amount

826300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108493

Servicing Lender Name

Westby Co-op CU

Servicing Lender Address

501 N Main St

Servicing Lender City

WESTBY

Servicing Lender State

WI

Servicing Lender Zip

54667-1129

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westby

Project County Name

VERNON

Project State

WI

Project Zip

54667-0001

CD

WI-03

Jobs Reported

29

NAICS Code

221122

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

660000.00

Mortgage Interest Proceed

166300.00

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

108493

Originating Lender

Westby Co-op CU

Originating Lender City

WESTBY

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

793414.41

Forgiveness Date

10/04/2021

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