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Oklahoma Electric Cooperative

$3,475,000 PPP Loan in Norman, Oklahoma

Loan Details

Loan Number
6078867002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$3,475,000
Current Approval
$3,639,700
Forgiveness Amount
$3,679,288
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oklahoma Electric Cooperative
Address
242 24th Ave NW
City
Norman
State
Oklahoma
ZIP Code
73069-6371
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
OK-04

Loan Use Breakdown

Payroll
$3,639,700

Lender Information

Servicing Lender
Armstrong Bank
Originating Lender
Armstrong Bank

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