PPP borrower record

ADAMS RURAL ELECTRIC COOPERATIVE, INC. PPP loan record

Public SBA PPP loan record for ADAMS RURAL ELECTRIC COOPERATIVE, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$474,717
Approved amount
$480,375
Forgiven amount
2020-04-14
Date approved

Borrower and loan details

Borrower
ADAMS RURAL ELECTRIC COOPERATIVE, INC.
Loan number
6261537104
Business type
Cooperative
Business age
Existing or more than 2 years old
Borrower city
West Union
Borrower state
Ohio
Borrower ZIP
45693
Jobs reported
24
Loan status
Exemption 4
Forgiveness date
2021-06-24
Servicing lender
Loan Source Incorporated
Originating lender
First State Bank

Reported use of proceeds

Payroll
$379,774
Rent
N/A
Utilities
$94,943
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.