PPP Loan information for Wells rural electric company

$892,300

Wells rural electric company was initially approved for PPP Loan of amount $892,300, the current approved amount is $892,300. The loan was approved on 04/08/2020 by The Zions Bank, A Division of reported 49 jobs and $892,300 was used to fund payroll.

Wells rural electric company is Existing or more than 2 years old

PPP Loan Search / NV / WELLS / Wells rural electric company

WELLS RURAL ELECTRIC COMPANY

Date Approved

04/08/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

WELLS RURAL ELECTRIC COMPANY

Borrower Address

1451 Humbolt Ave

Borrower City

WELLS

Borrower State

NV

Borrower Zip

89835

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

892300.00

Current Approval Amount

892300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLS

Project County Name

ELKO

Project State

NV

Project Zip

89835-0001

CD

NV-02

Jobs Reported

49

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

892300.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

901247.45

Forgiveness Date

04/19/2021

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