Spoon River Electric Cooperative
$657,224 PPP Loan in Canton, Illinois
Loan Details
- Loan Number
- 6823487410
- Date Approved
- May 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $657,224
- Current Approval
- $657,224
- Forgiveness Amount
- $663,004
- Forgiveness Date
- Apr 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spoon River Electric Cooperative
- Address
- 930 S 5th Ave
- City
- Canton
- State
- Illinois
- ZIP Code
- 61520-3305
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $657,224
Lender Information
- Servicing Lender
- Bank of Farmington
- Originating Lender
- Bank of Farmington
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