PPP Loan information for C & l electric cooperative corporation

$1,576,200

C & l electric cooperative corporation was initially approved for PPP Loan of amount $1,576,200, the current approved amount is $1,576,200. The loan was approved on 06/30/2020 by The Relyance Bank reported 1 jobs and $1,576,200 was used to fund payroll.

C & l electric cooperative corporation is Existing or more than 2 years old

PPP Loan Search / AR / STAR CITY / C & l electric cooperative corporation

C & L ELECTRIC COOPERATIVE CORPORATION

Date Approved

06/30/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

C & L ELECTRIC COOPERATIVE CORPORATION

Borrower Address

900 CHURCH ST

Borrower City

STAR CITY

Borrower State

AR

Borrower Zip

71667-4108

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1576200.00

Current Approval Amount

1576200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4672

Servicing Lender Name

Relyance Bank

Servicing Lender Address

8500 Sheridan Rd

Servicing Lender City

White Hall

Servicing Lender State

AR

Servicing Lender Zip

71602

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAR CITY

Project County Name

LINCOLN

Project State

AR

Project Zip

71667-4108

CD

AR-01

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1576200.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

4672

Originating Lender

Relyance Bank

Originating Lender City

White Hall

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1590123.10

Forgiveness Date

05/21/2021

;