PPP Loan information for Central al electric coop inc.

$3,440,400

Central al electric coop inc. was initially approved for PPP Loan of amount $3,440,400, the current approved amount is $3,440,400. The loan was approved on 04/15/2021 by The River Bank & Trust reported 144 jobs and $3,440,400 was used to fund payroll.

Central al electric coop inc. is Existing or more than 2 years old

CENTRAL AL ELECTRIC COOP INC.

Date Approved

04/15/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CENTRAL AL ELECTRIC COOP INC.

Borrower Address

103 Jesse Samuel Hunt Blvd

Borrower City

Prattville

Borrower State

AL

Borrower Zip

36066-6777

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3440400.00

Current Approval Amount

3440400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prattville

Project County Name

AUTAUGA

Project State

AL

Project Zip

36066-6777

CD

AL-02

Jobs Reported

144

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3440394.00

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

Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3475950.80

Forgiveness Date

04/28/2022

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