PPP borrower record

UTILITIES DISTRICT OF WESTERN INDIANA RURAL ELECTRIC MEMBERS PPP loan record

Public SBA PPP loan record for UTILITIES DISTRICT OF WESTERN INDIANA RURAL ELECTRIC MEMBERS. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,000,000
Approved amount
$1,008,722
Forgiven amount
2020-04-28
Date approved

Borrower and loan details

Borrower
UTILITIES DISTRICT OF WESTERN INDIANA RURAL ELECTRIC MEMBERS
Loan number
6623807209
Business type
Cooperative
Business age
Existing or more than 2 years old
Borrower city
Bloomfield
Borrower state
Indiana
Borrower ZIP
47424
Jobs reported
48
Loan status
Paid in Full
Forgiveness date
2021-03-11
Servicing lender
Farmers & Mechanics Federal Savings Bank
Originating lender
Farmers & Mechanics Federal Savings Bank

Reported use of proceeds

Payroll
$950,000
Rent
$50,000
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

Related directories

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.