PPP Loan information for Washington electric cooperative

$842,725

Washington electric cooperative was initially approved for PPP Loan of amount $842,725, the current approved amount is $842,725. The loan was approved on 04/13/2020 by The Northfield Savings Bank reported 36 jobs and $842,725 was used to fund payroll.

Washington electric cooperative is Existing or more than 2 years old

PPP Loan Search / VT / EAST MONTPELIER / Washington electric cooperative

WASHINGTON ELECTRIC COOPERATIVE

Date Approved

04/13/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

WASHINGTON ELECTRIC COOPERATIVE

Borrower Address

40 Church Street

Borrower City

EAST MONTPELIER

Borrower State

VT

Borrower Zip

05651

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

842725.00

Current Approval Amount

842725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73004

Servicing Lender Name

Northfield Savings Bank

Servicing Lender Address

33 S Main St

Servicing Lender City

NORTHFIELD

Servicing Lender State

VT

Servicing Lender Zip

05663-6703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST MONTPELIER

Project County Name

WASHINGTON

Project State

VT

Project Zip

05651-0001

CD

VT-

Jobs Reported

36

NAICS Code

221121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

842725.00

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

Non-Profit Organization

Originating Lender Location Id

73004

Originating Lender

Northfield Savings Bank

Originating Lender City

NORTHFIELD

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

848155.89

Forgiveness Date

12/09/2020

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