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Semo Electric Cooperative

$1,283,300 PPP Loan in Sikeston, Missouri

Loan Details

Loan Number
9527797005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,283,300
Current Approval
$1,283,300
Forgiveness Amount
$1,297,238
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Semo Electric Cooperative
Address
1505 South Main St
City
Sikeston
State
Missouri
ZIP Code
63801-9379
Business Type
Cooperative
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$17.7M
Rural/Urban
Rural
Congressional District
MO-08

Loan Use Breakdown

Payroll
$1,028,000
Rent
$100,000
Utilities
$100,000
Health Care
$55,300

Lender Information

Servicing Lender
Montgomery Bank
Originating Lender
Montgomery Bank

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