PPP Loan information for Southwest louisiana electric membership corporation

$5,302,335

Southwest louisiana electric membership corporation was initially approved for PPP Loan of amount $5,302,335, the current approved amount is $5,302,335. The loan was approved on 05/18/2020 by The CoBank ACB reported 266 jobs and $5,302,335 was used to fund payroll.

Southwest louisiana electric membership corporation is Existing or more than 2 years old

PPP Loan Search / LA / LAFAYETTE / Southwest louisiana electric membership corporation

SOUTHWEST LOUISIANA ELECTRIC MEMBERSHIP CORPORATION

Date Approved

05/18/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHWEST LOUISIANA ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

2727 SE EVANGELINE TRWY

Borrower City

LAFAYETTE

Borrower State

LA

Borrower Zip

70508-2205

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5302335.00

Current Approval Amount

5302335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70508-2205

CD

LA-03

Jobs Reported

266

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5302335.00

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5363164.57

Forgiveness Date

07/08/2021

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