Adams Rural Electric Cooperative, Inc.
$474,717 PPP Loan in West Union, Ohio
Loan Details
- Loan Number
- 6261537104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $474,717
- Current Approval
- $474,717
- Forgiveness Amount
- $480,375
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Adams Rural Electric Cooperative, Inc.
- Address
- 4800 State Route 125
- City
- West Union
- State
- Ohio
- ZIP Code
- 45693-9329
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221118)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- OH-02
Loan Use Breakdown
- Payroll
- $379,774
- Utilities
- $94,943
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- First State Bank
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