Henry County Rural Electric Membership Corporation

$574,700 PPP Loan in New Castle, Indiana

Loan Details

Loan Number
6370817910
Date Approved
Jun 16, 2020
Loan Status
Paid in Full
Initial Approval
$574,700
Current Approval
$574,700
Forgiveness Amount
$577,802
Forgiveness Date
Jan 6, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Henry County Rural Electric Membership Corporation
Address
3400 S State Road 3
State
Indiana
ZIP Code
47362-8720
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IN-06

Loan Use Breakdown

Payroll
$574,700

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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