PPP Loan information for South louisiana electric cooperative association

$1,806,608

South louisiana electric cooperative association was initially approved for PPP Loan of amount $1,806,608, the current approved amount is $1,806,608. The loan was approved on 05/19/2020 by The CoBank ACB reported 83 jobs and $1,806,608 was used to fund payroll.

South louisiana electric cooperative association is Existing or more than 2 years old

SOUTH LOUISIANA ELECTRIC COOPERATIVE ASSOCIATION

Date Approved

05/19/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTH LOUISIANA ELECTRIC COOPERATIVE ASSOCIATION

Borrower Address

2028 COTEAU RD

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70364-2164

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1806608.02

Current Approval Amount

1806608.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70364-2164

CD

LA-01

Jobs Reported

83

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1806608.02

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1826982.54

Forgiveness Date

07/02/2021

;