PPP Loan information for Inter-county energy cooperative corporation

$1,883,400

Inter-county energy cooperative corporation was initially approved for PPP Loan of amount $1,883,400, the current approved amount is $1,883,400. The loan was approved on 04/14/2020 by The The Farmers National Bank of Danville reported 63 jobs and $1,883,400 was used to fund payroll.

Inter-county energy cooperative corporation is Existing or more than 2 years old

PPP Loan Search / KY / DANVILLE / Inter-county energy cooperative corporation

INTER-COUNTY ENERGY COOPERATIVE CORPORATION

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

INTER-COUNTY ENERGY COOPERATIVE CORPORATION

Borrower Address

1009 HUSTONVILLE RD

Borrower City

DANVILLE

Borrower State

KY

Borrower Zip

40422-2222

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1883400.00

Current Approval Amount

1883400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26960

Servicing Lender Name

The Farmers National Bank of Danville

Servicing Lender Address

304 W Main St

Servicing Lender City

DANVILLE

Servicing Lender State

KY

Servicing Lender Zip

40422-1814

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

BOYLE

Project State

KY

Project Zip

40422-2222

CD

KY-01

Jobs Reported

63

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1883400.00

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

26960

Originating Lender

The Farmers National Bank of Danville

Originating Lender City

DANVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1372463.67

Forgiveness Date

12/14/2021

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