PPP Loan information for Grayson rural electric cooperative corporation

$641,100

Grayson rural electric cooperative corporation was initially approved for PPP Loan of amount $641,100, the current approved amount is $641,100. The loan was approved on 05/26/2020 by The The First National Bank of Grayson reported 41 jobs and $641,100 was used to fund payroll.

Grayson rural electric cooperative corporation is Existing or more than 2 years old

PPP Loan Search / KY / GRAYSON / Grayson rural electric cooperative corporation

GRAYSON RURAL ELECTRIC COOPERATIVE CORPORATION

Date Approved

05/26/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GRAYSON RURAL ELECTRIC COOPERATIVE CORPORATION

Borrower Address

109 BAGBY PARK STREET

Borrower City

GRAYSON

Borrower State

KY

Borrower Zip

41143-1203

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

641100.00

Current Approval Amount

641100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27041

Servicing Lender Name

The First National Bank of Grayson

Servicing Lender Address

200 S Carol Malone Blvd

Servicing Lender City

GRAYSON

Servicing Lender State

KY

Servicing Lender Zip

41143-1368

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAYSON

Project County Name

CARTER

Project State

KY

Project Zip

41143-1203

CD

KY-05

Jobs Reported

41

NAICS Code

221118

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

641100.00

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

Cooperative

Originating Lender Location Id

27041

Originating Lender

The First National Bank of Grayson

Originating Lender City

GRAYSON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

647475.38

Forgiveness Date

05/27/2021

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