PPP Loan information for Concho valley electric cooperative inc

$1,436,500

Concho valley electric cooperative inc was initially approved for PPP Loan of amount $1,436,500, the current approved amount is $1,436,500. The loan was approved on 04/15/2020 by The First State Bank reported 61 jobs and $1,436,500 was used to fund payroll.

Concho valley electric cooperative inc is Existing or more than 2 years old

PPP Loan Search / TX / SAN ANGELO / Concho valley electric cooperative inc

CONCHO VALLEY ELECTRIC COOPERATIVE INC

Date Approved

04/15/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

CONCHO VALLEY ELECTRIC COOPERATIVE INC

Borrower Address

2530 PULLIAM ST

Borrower City

SAN ANGELO

Borrower State

TX

Borrower Zip

76905-4401

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1436500.00

Current Approval Amount

1436500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71563

Servicing Lender Name

First State Bank

Servicing Lender Address

245 W Moss St

Servicing Lender City

PAINT ROCK

Servicing Lender State

TX

Servicing Lender Zip

76866

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN ANGELO

Project County Name

TOM GREEN

Project State

TX

Project Zip

76905-4401

CD

TX-11

Jobs Reported

61

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1436500.00

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

71563

Originating Lender

First State Bank

Originating Lender City

PAINT ROCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1435606.15

Forgiveness Date

12/07/2020

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