PPP Loan information for Southeastern electric cooperative of durant, oklahoma

$729,100

Southeastern electric cooperative of durant, oklahoma was initially approved for PPP Loan of amount $729,100, the current approved amount is $729,100. The loan was approved on 04/29/2020 by The First United Bank and Trust Company reported 35 jobs and $729,100 was used to fund payroll.

Southeastern electric cooperative of durant, oklahoma is Existing or more than 2 years old

SOUTHEASTERN ELECTRIC COOPERATIVE OF DURANT, OKLAHOMA

Date Approved

04/29/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SOUTHEASTERN ELECTRIC COOPERATIVE OF DURANT, OKLAHOMA

Borrower Address

1514 E HIGHWAY 70

Borrower City

DURANT

Borrower State

OK

Borrower Zip

74701-7212

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729100.00

Current Approval Amount

729100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

BRYAN

Project State

OK

Project Zip

74701-7212

CD

OK-02

Jobs Reported

35

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

729100.00

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

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

735332.31

Forgiveness Date

03/10/2021

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