PPP Loan information for The association of illinois electric cooperatives

$524,240

The association of illinois electric cooperatives was initially approved for PPP Loan of amount $524,240, the current approved amount is $524,240. The loan was approved on 02/25/2021 by The CoBank ACB reported 25 jobs and $524,240 was used to fund payroll.

The association of illinois electric cooperatives is Existing or more than 2 years old

THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES

Date Approved

02/25/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES

Borrower Address

6460 6th Street Frontage Rd E

Borrower City

Springfield

Borrower State

IL

Borrower Zip

62712-6820

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524239.82

Current Approval Amount

524239.82

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

Springfield

Project County Name

SANGAMON

Project State

IL

Project Zip

62712-6820

CD

IL-13

Jobs Reported

25

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

524238.82

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

527894.94

Forgiveness Date

11/10/2021

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