PPP Loan information for Semo electric cooperative

$1,283,300

Semo electric cooperative was initially approved for PPP Loan of amount $1,283,300, the current approved amount is $1,283,300. The loan was approved on 04/09/2020 by The Montgomery Bank reported 57 jobs and $1,283,300 was used to fund payroll.

Semo electric cooperative is Existing or more than 2 years old

PPP Loan Search / MO / SIKESTON / Semo electric cooperative

SEMO ELECTRIC COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

SEMO ELECTRIC COOPERATIVE

Borrower Address

1505 South MAIN ST

Borrower City

SIKESTON

Borrower State

MO

Borrower Zip

63801-9379

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1283300.00

Current Approval Amount

1283300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIKESTON

Project County Name

NEW MADRID

Project State

MO

Project Zip

63801-9379

CD

MO-08

Jobs Reported

57

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

1028000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

55300.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1297238.06

Forgiveness Date

05/12/2021

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