PPP Loan information for South kentucky rural electric cooperative

$3,087,600

South kentucky rural electric cooperative was initially approved for PPP Loan of amount $3,087,600, the current approved amount is $3,087,600. The loan was approved on 03/13/2021 by The The Citizens National Bank of Somerset reported 138 jobs and $3,087,600 was used to fund payroll.

South kentucky rural electric cooperative is Existing or more than 2 years old

PPP Loan Search / KY / Somerset / South kentucky rural electric cooperative

SOUTH KENTUCKY RURAL ELECTRIC COOPERATIVE

Date Approved

03/13/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SOUTH KENTUCKY RURAL ELECTRIC COOPERATIVE

Borrower Address

200 Electric Ave

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42501-3115

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3087600.00

Current Approval Amount

3087600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

PULASKI

Project State

KY

Project Zip

42501-3115

CD

KY-05

Jobs Reported

138

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3087599.00

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

Cooperative

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3104924.87

Forgiveness Date

10/06/2021

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