PPP Loan information for Rea energy cooperative, inc.

$850,000

Rea energy cooperative, inc. was initially approved for PPP Loan of amount $850,000, the current approved amount is $850,000. The loan was approved on 04/30/2020 by The CNB Bank reported 70 jobs and $850,000 was used to fund payroll.

Rea energy cooperative, inc. is Unanswered

PPP Loan Search / PA / INDIANA / Rea energy cooperative, inc.

REA ENERGY COOPERATIVE, INC.

Date Approved

04/30/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

REA ENERGY COOPERATIVE, INC.

Borrower Address

75 Airport Road P.O. Box 70

Borrower City

INDIANA

Borrower State

PA

Borrower Zip

15701

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

850000.00

Current Approval Amount

850000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

INDIANA

Project County Name

INDIANA

Project State

PA

Project Zip

15701-0001

CD

PA-14

Jobs Reported

70

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

850000.00

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

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

854564.38

Forgiveness Date

11/18/2020

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