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Eastern Illini Electric Cooperative, Inc.

$1,298,767 PPP Loan in Paxton, Illinois

Loan Details

Loan Number
8873937400
Date Approved
May 19, 2020
Loan Status
Paid in Full
Initial Approval
$1,298,767
Current Approval
$1,298,767
Forgiveness Amount
$1,278,494
Forgiveness Date
Jan 12, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Eastern Illini Electric Cooperative, Inc.
Address
330 W Ottawa Rd
City
Paxton
State
Illinois
ZIP Code
60957-1624
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IL-02

Loan Use Breakdown

Payroll
$1,298,767

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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