Rusk County Electric Cooperative INC

$1,185,000 PPP Loan in Henderson, Texas

Loan Details

Loan Number
1522957402
Date Approved
May 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,185,000
Current Approval
$1,185,000
Forgiveness Amount
$1,194,809
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rusk County Electric Cooperative INC
Address
3162 State Highway 43
State
Texas
ZIP Code
75652-4523
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$1,185,000

Lender Information

Servicing Lender
Verabank, National Association
Originating Lender
Verabank, National Association

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