PPP Loan information for Nueces electric cooperative, inc

$1,464,800

Nueces electric cooperative, inc was initially approved for PPP Loan of amount $1,464,800, the current approved amount is $1,464,800. The loan was approved on 05/21/2020 by The Frost Bank reported 79 jobs and $1,464,800 was used to fund payroll.

Nueces electric cooperative, inc is Existing or more than 2 years old

NUECES ELECTRIC COOPERATIVE, INC

Date Approved

05/21/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

NUECES ELECTRIC COOPERATIVE, INC

Borrower Address

14353 COOPERATIVE AVE

Borrower City

CORPUS CHRISTI

Borrower State

TX

Borrower Zip

78380-4600

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1464800.00

Current Approval Amount

1464800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORPUS CHRISTI

Project County Name

NUECES

Project State

TX

Project Zip

78380-4600

CD

TX-27

Jobs Reported

79

NAICS Code

221113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1464800.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1473067.09

Forgiveness Date

12/21/2020

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