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Mcdonough Power Cooperative

$396,517 PPP Loan in Macomb, Illinois

Loan Details

Loan Number
9625547407
Date Approved
May 20, 2020
Loan Status
Paid in Full
Initial Approval
$396,517
Current Approval
$396,517
Forgiveness Amount
$400,680
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcdonough Power Cooperative
Address
1210 W Jackson St
City
Macomb
State
Illinois
ZIP Code
61455-1928
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$396,517

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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