PPP Loan information for Rushmore electric power cooperative inc

$491,883

Rushmore electric power cooperative inc was initially approved for PPP Loan of amount $491,883, the current approved amount is $491,883. The loan was approved on 03/27/2021 by The Security First Bank reported 20 jobs and $491,883 was used to fund payroll.

Rushmore electric power cooperative inc is Existing or more than 2 years old

PPP Loan Search / SD / Rapid City / Rushmore electric power cooperative inc

RUSHMORE ELECTRIC POWER COOPERATIVE INC

Date Approved

03/27/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RUSHMORE ELECTRIC POWER COOPERATIVE INC

Borrower Address

1715 Cambell St

Borrower City

Rapid City

Borrower State

SD

Borrower Zip

57701-3949

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

491882.50

Current Approval Amount

491882.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42215

Servicing Lender Name

Security First Bank

Servicing Lender Address

5505 Red Rock Lane

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68516-2520

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rapid City

Project County Name

PENNINGTON

Project State

SD

Project Zip

57701-3949

CD

SD-

Jobs Reported

20

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

491882.50

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

42215

Originating Lender

Security First Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

493754.39

Forgiveness Date

08/18/2021

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