PPP Loan information for Central electric cooperative inc
$850,135
Central electric cooperative inc was initially approved for PPP Loan of amount $850,135, the current approved amount is $850,135. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 42 jobs and $850,135 was used to fund payroll.
Central electric cooperative inc is Existing or more than 2 years old
CENTRAL ELECTRIC COOPERATIVE INC
Date Approved
05/01/2020
SBA Office Code
0876
Processing Method
PPP
Borrower Name
CENTRAL ELECTRIC COOPERATIVE INC
Borrower Address
25487 403RD AVE.
Borrower City
MITCHELL
Borrower State
SD
Borrower Zip
57301
Loan Status Date
11/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
850135.00
Current Approval Amount
850135.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
12096
Servicing Lender Name
Wells Fargo Bank, National Association
Servicing Lender Address
101 N Philips Ave
Servicing Lender City
SIOUX FALLS
Servicing Lender State
SD
Servicing Lender Zip
57104-6738
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
MITCHELL
Project County Name
DAVISON
Project State
SD
Project Zip
57301-0001
CD
SD-
Jobs Reported
42
NAICS Code
221122
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
850135.00
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
Originating Lender Location Id
12096
Originating Lender
Wells Fargo Bank, National Association
Originating Lender City
SIOUX FALLS
Originating Lender State
SD
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
861897.14
Forgiveness Date
09/29/2021