PPP Loan information for Ashley-chicot electric cooperative inc

$353,709

Ashley-chicot electric cooperative inc was initially approved for PPP Loan of amount $353,709, the current approved amount is $353,709. The loan was approved on 02/01/2021 by The Century Next Bank reported 18 jobs and $353,709 was used to fund payroll.

Ashley-chicot electric cooperative inc is Existing or more than 2 years old

PPP Loan Search / AR / Hamburg / Ashley-chicot electric cooperative inc

ASHLEY-CHICOT ELECTRIC COOPERATIVE INC

Date Approved

02/01/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ASHLEY-CHICOT ELECTRIC COOPERATIVE INC

Borrower Address

307 E Jefferson St

Borrower City

Hamburg

Borrower State

AR

Borrower Zip

71646-3009

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

353709.10

Current Approval Amount

353709.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82860

Servicing Lender Name

Century Next Bank

Servicing Lender Address

505 N Vienna St

Servicing Lender City

RUSTON

Servicing Lender State

LA

Servicing Lender Zip

71270-3813

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamburg

Project County Name

ASHLEY

Project State

AR

Project Zip

71646-3009

CD

AR-04

Jobs Reported

18

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

353707.10

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

82860

Originating Lender

Century Next Bank

Originating Lender City

RUSTON

Originating Lender State

LA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

355212.36

Forgiveness Date

07/07/2021

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