Choctaw Electric Cooperative, Inc.

$1,475,500 PPP Loan in Hugo, Oklahoma

Loan Details

Loan Number
7686947904
Date Approved
Jun 17, 2020
Loan Status
Paid in Full
Initial Approval
$1,475,500
Current Approval
$1,475,500
Forgiveness Amount
$1,489,406
Forgiveness Date
Jun 10, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Choctaw Electric Cooperative, Inc.
Address
Po Box 758
City
Hugo
ZIP Code
74743-0758
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
OK-02

Loan Use Breakdown

Payroll
$1,475,500

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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