PPP Loan information for Western indiana energy rural electric membership corporation

$1,300,900

Western indiana energy rural electric membership corporation was initially approved for PPP Loan of amount $1,300,900, the current approved amount is $1,300,900. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 55 jobs and $1,300,900 was used to fund payroll.

Western indiana energy rural electric membership corporation is Existing or more than 2 years old

WESTERN INDIANA ENERGY RURAL ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WESTERN INDIANA ENERGY RURAL ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

3981 S US HIGHWAY 41

Borrower City

VINCENNES

Borrower State

IN

Borrower Zip

47591-7743

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1300900.00

Current Approval Amount

1300900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINCENNES

Project County Name

KNOX

Project State

IN

Project Zip

47591-7743

CD

IN-08

Jobs Reported

55

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1300900.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1311740.83

Forgiveness Date

02/25/2021

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