Menard Electric Cooperative

$806,267 PPP Loan in Petersburg, Illinois

Loan Details

Loan Number
6987927407
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$806,267
Current Approval
$806,267
Forgiveness Amount
$814,750
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Menard Electric Cooperative
Address
14300 State Hwy 97
ZIP Code
62675
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$806,267

Lender Information

Servicing Lender
Alliance Community Bank
Originating Lender
Alliance Community Bank

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