Clay County Electric Cooperative Cooperation

$1,210,000 PPP Loan in Corning, Arkansas

Loan Details

Loan Number
1580718209
Date Approved
Jul 30, 2020
Loan Status
Paid in Full
Initial Approval
$1,210,000
Current Approval
$1,210,000
Forgiveness Amount
$1,218,354
Forgiveness Date
Apr 12, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Clay County Electric Cooperative Cooperation
Address
3111 Highway 67
ZIP Code
72422
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Startup, Loan Funds will Open Business
Jobs Reported
65
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$1,210,000

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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