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Tipmont Rural Electric Membership Corporation

$1,722,400 PPP Loan in Linden, Indiana

Loan Details

Loan Number
3660237210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,722,400
Current Approval
$1,722,400
Forgiveness Amount
$1,736,698
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tipmont Rural Electric Membership Corporation
Address
403 S Main St
City
Linden
State
Indiana
ZIP Code
47955
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IN-04

Loan Use Breakdown

Payroll
$1,722,400

Lender Information

Servicing Lender
The Fountain Trust Company
Originating Lender
The Fountain Trust Company

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