PPP Loan information for Forked deer electric cooperative inc

$617,900

Forked deer electric cooperative inc was initially approved for PPP Loan of amount $617,900, the current approved amount is $617,900. The loan was approved on 04/15/2020 by The Bank of Halls reported 35 jobs and $617,900 was used to fund payroll.

Forked deer electric cooperative inc is Existing or more than 2 years old

FORKED DEER ELECTRIC COOPERATIVE INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FORKED DEER ELECTRIC COOPERATIVE INC

Borrower Address

1135 N Church St

Borrower City

Halls

Borrower State

TN

Borrower Zip

38040

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617900.00

Current Approval Amount

617900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67041

Servicing Lender Name

Bank of Halls

Servicing Lender Address

101 W Main St

Servicing Lender City

Halls

Servicing Lender State

TN

Servicing Lender Zip

38040-1522

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Halls

Project County Name

LAUDERDALE

Project State

TN

Project Zip

38040-0001

CD

TN-08

Jobs Reported

35

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

617900.00

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

Corporation

Originating Lender Location Id

67041

Originating Lender

Bank of Halls

Originating Lender City

Halls

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

625023.01

Forgiveness Date

06/10/2021

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