Owen Electric Cooperative, INC

$1,985,000 PPP Loan in Owenton, Kentucky

Loan Details

Loan Number
7288337402
Date Approved
May 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,985,000
Current Approval
$1,985,000
Forgiveness Amount
$2,005,394
Forgiveness Date
Jun 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Owen Electric Cooperative, INC
Address
8205 Hwy 127 N
ZIP Code
40359
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
KY-04

Loan Use Breakdown

Payroll
$1,985,000

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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