PPP Loan information for Eastern maine electric cooperative, inc.

$600,000

Eastern maine electric cooperative, inc. was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 05/22/2020 by The CoBank ACB reported 36 jobs and $600,000 was used to fund payroll.

Eastern maine electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / ME / CALAIS / Eastern maine electric cooperative, inc.

EASTERN MAINE ELECTRIC COOPERATIVE, INC.

Date Approved

05/22/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

EASTERN MAINE ELECTRIC COOPERATIVE, INC.

Borrower Address

21 UNION ST

Borrower City

CALAIS

Borrower State

ME

Borrower Zip

04619-1819

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALAIS

Project County Name

WASHINGTON

Project State

ME

Project Zip

04619-1819

CD

ME-02

Jobs Reported

36

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

605000.00

Forgiveness Date

03/26/2021

;