Rich Mountain Electric Cooperative, INC
$580,074 PPP Loan in Mena, Arkansas
Loan Details
- Loan Number
- 8312747402
- Date Approved
- May 18, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $580,074
- Current Approval
- $580,074
- Forgiveness Amount
- $586,390
- Forgiveness Date
- Jun 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rich Mountain Electric Cooperative, INC
- Address
- 515 Janssen Ave
- City
- Mena
- State
- Arkansas
- ZIP Code
- 71953-3265
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- AR-04
Loan Use Breakdown
- Payroll
- $580,074
Lender Information
- Servicing Lender
- Union Bank
- Originating Lender
- Union Bank
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