Sussex Rural Electric Cooperative, Inc.

$1,177,270 PPP Loan in Sussex, New Jersey

Loan Details

Loan Number
3027087305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$1,177,270
Current Approval
$1,177,270
Forgiveness Amount
$1,187,375
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sussex Rural Electric Cooperative, Inc.
Address
64 County Route 639
City
Sussex
ZIP Code
07461
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
NJ-05

Loan Use Breakdown

Payroll
$1,177,270

Lender Information

Servicing Lender
Provident Bank
Originating Lender
Provident Bank

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