PPP Loan information for Black river electric cooperative

$1,172,530

Black river electric cooperative was initially approved for PPP Loan of amount $1,172,530, the current approved amount is $1,172,530. The loan was approved on 05/18/2020 by The New Era Bank reported 76 jobs and $1,172,530 was used to fund payroll.

Black river electric cooperative is Existing or more than 2 years old

PPP Loan Search / MO / FREDERICKTOWN / Black river electric cooperative

BLACK RIVER ELECTRIC COOPERATIVE

Date Approved

05/18/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

BLACK RIVER ELECTRIC COOPERATIVE

Borrower Address

2600 HIGHWAY 67 PO BOX 31

Borrower City

FREDERICKTOWN

Borrower State

MO

Borrower Zip

63645-7480

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1172529.60

Current Approval Amount

1172529.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40481

Servicing Lender Name

New Era Bank

Servicing Lender Address

101 S Mine LaMotte

Servicing Lender City

FREDERICKTOWN

Servicing Lender State

MO

Servicing Lender Zip

63645-1228

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREDERICKTOWN

Project County Name

MADISON

Project State

MO

Project Zip

63645-7480

CD

MO-08

Jobs Reported

76

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1172529.60

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

40481

Originating Lender

New Era Bank

Originating Lender City

FREDERICKTOWN

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1182561.24

Forgiveness Date

03/24/2021

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