Vernon Electric Cooperative

$826,300 PPP Loan in Westby, Wisconsin

Loan Details

Loan Number
3637057206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$826,300
Current Approval
$826,300
Forgiveness Amount
$793,414
Forgiveness Date
Oct 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vernon Electric Cooperative
Address
110 Saugstad Road
City
Westby
ZIP Code
54667
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
WI-03

Loan Use Breakdown

Payroll
$660,000
Mortgage Interest
$166,300

Lender Information

Servicing Lender
Westby Co-Op Cu
Originating Lender
Westby Co-Op Cu

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