Southwest Louisiana Electric Membership Corporation

$5,302,335 PPP Loan in Lafayette, Louisiana

Loan Details

Loan Number
8263727410
Date Approved
May 18, 2020
Loan Status
Paid in Full
Initial Approval
$5,302,335
Current Approval
$5,302,335
Forgiveness Amount
$5,363,165
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southwest Louisiana Electric Membership Corporation
Address
2727 SE Evangeline Trwy
ZIP Code
70508-2205
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
266
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$5,302,335

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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