Victoria Electric Cooperative INC

$1,411,000 PPP Loan in Victoria, Texas

Loan Details

Loan Number
1424277809
Date Approved
May 21, 2020
Loan Status
Paid in Full
Initial Approval
$1,411,000
Current Approval
$1,411,000
Forgiveness Amount
$1,422,675
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Victoria Electric Cooperative INC
Address
5502 US Highway 59
State
Texas
ZIP Code
77905-5847
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$1,411,000

Lender Information

Servicing Lender
The First State Bank
Originating Lender
The First State Bank

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