Lamar County Electric Cooperative Association Inc.

$788,585 PPP Loan in Paris, Texas

Loan Details

Loan Number
6189557104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$788,585
Current Approval
$788,585
Forgiveness Amount
$793,662
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lamar County Electric Cooperative Association Inc.
Address
1485 Main Street
City
Paris
State
Texas
ZIP Code
75462-2651
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$591,439
Rent
$98,573
Utilities
$98,573

Lender Information

Servicing Lender
First Federal Community Bank, Ssb
Originating Lender
First Federal Community Bank, Ssb

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