Southwest Rural Electric Association, Inc.

$551,000 PPP Loan in Tipton, Oklahoma

Loan Details

Loan Number
9777177108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$551,000
Current Approval
$551,000
Forgiveness Amount
$556,740
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southwest Rural Electric Association, Inc.
Address
700 N Broadway
City
Tipton
ZIP Code
73570-5018
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
OK-04

Loan Use Breakdown

Payroll
$551,000

Lender Information

Servicing Lender
Frazer Bank
Originating Lender
Frazer Bank

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