PPP Loan information for Mohave electric cooperative, incorporated

$1,018,550

Mohave electric cooperative, incorporated was initially approved for PPP Loan of amount $1,018,550, the current approved amount is $1,018,550. The loan was approved on 04/29/2020 by The PNC Bank, National Association reported 83 jobs and $1,018,550 was used to fund payroll.

Mohave electric cooperative, incorporated is Existing or more than 2 years old

MOHAVE ELECTRIC COOPERATIVE, INCORPORATED

Date Approved

04/29/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MOHAVE ELECTRIC COOPERATIVE, INCORPORATED

Borrower Address

1999 Arena Dr

Borrower City

BULLHEAD CITY

Borrower State

AZ

Borrower Zip

86442

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1018550.00

Current Approval Amount

1018550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BULLHEAD CITY

Project County Name

MOHAVE

Project State

AZ

Project Zip

86442-0001

CD

AZ-09

Jobs Reported

83

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

1016550.00

Mortgage Interest Proceed

1000.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1029442.83

Forgiveness Date

05/25/2021

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