PPP Loan information for Central electric cooperative inc

$850,135

Central electric cooperative inc was initially approved for PPP Loan of amount $850,135, the current approved amount is $850,135. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 42 jobs and $850,135 was used to fund payroll.

Central electric cooperative inc is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Central electric cooperative inc

CENTRAL ELECTRIC COOPERATIVE INC

Date Approved

05/01/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

CENTRAL ELECTRIC COOPERATIVE INC

Borrower Address

25487 403RD AVE.

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

850135.00

Current Approval Amount

850135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MITCHELL

Project County Name

DAVISON

Project State

SD

Project Zip

57301-0001

CD

SD-

Jobs Reported

42

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

850135.00

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

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

861897.14

Forgiveness Date

09/29/2021

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