Meade County Rural Electric Coop
$1,456,523 PPP Loan in Brandenburg, Kentucky
Loan Details
- Loan Number
- 5093527009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,456,523
- Current Approval
- $1,456,523
- Forgiveness Amount
- $1,465,262
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Meade County Rural Electric Coop
- Address
- 1351 Hwy 79
- City
- Brandenburg
- State
- Kentucky
- ZIP Code
- 40108-7004
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 68
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- KY-02
Loan Use Breakdown
- Payroll
- $1,340,518
- Health Care
- $116,005
Lender Information
- Servicing Lender
- Meade County Bank
- Originating Lender
- Meade County Bank
Other PPP Loans in Brandenburg, KY
| Business | Approved | |
|---|---|---|
| Brandenburg Telephone Company | $1,675,200 | |
| Powers Paper Company, Inc. | $838,306 | |
| Tony Brown Chevrolet, Inc. | $482,596 | |
| Neel Restaurants LLC | $403,900 | |
| Jackson Hewitt Tax Service | $368,485 |
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