PPP Loan information for The butler rural electric cooperative association inc

$976,200

The butler rural electric cooperative association inc was initially approved for PPP Loan of amount $976,200, the current approved amount is $976,200. The loan was approved on 04/05/2020 by The INTRUST Bank, National Association reported 47 jobs and $976,200 was used to fund payroll.

The butler rural electric cooperative association inc is Existing or more than 2 years old

THE BUTLER RURAL ELECTRIC COOPERATIVE ASSOCIATION INC

Date Approved

04/05/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

THE BUTLER RURAL ELECTRIC COOPERATIVE ASSOCIATION INC

Borrower Address

216 S Vine St

Borrower City

EL DORADO

Borrower State

KS

Borrower Zip

67042-3424

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

976200.00

Current Approval Amount

976200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26663

Servicing Lender Name

INTRUST Bank, National Association

Servicing Lender Address

105 N Main St

Servicing Lender City

WICHITA

Servicing Lender State

KS

Servicing Lender Zip

67202-1412

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EL DORADO

Project County Name

BUTLER

Project State

KS

Project Zip

67042-3424

CD

KS-04

Jobs Reported

47

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

976200.00

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

26663

Originating Lender

INTRUST Bank, National Association

Originating Lender City

WICHITA

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

982952.05

Forgiveness Date

12/22/2020

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