PPP Loan information for Douglas electric cooperative, inc.

$832,512

Douglas electric cooperative, inc. was initially approved for PPP Loan of amount $832,512, the current approved amount is $832,512. The loan was approved on 05/12/2020 by The U.S. Bank, National Association reported 35 jobs and $832,512 was used to fund payroll.

Douglas electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / OR / ROSEBURG / Douglas electric cooperative, inc.

DOUGLAS ELECTRIC COOPERATIVE, INC.

Date Approved

05/12/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DOUGLAS ELECTRIC COOPERATIVE, INC.

Borrower Address

1981 STEPHENS ST NE

Borrower City

ROSEBURG

Borrower State

OR

Borrower Zip

97470

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

832512.00

Current Approval Amount

832512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEBURG

Project County Name

DOUGLAS

Project State

OR

Project Zip

97470-0001

CD

OR-04

Jobs Reported

35

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

832512.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

837229.57

Forgiveness Date

12/09/2020

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