# PPP loan: WESTERN INDIANA ENERGY RURAL ELECTRIC MEMBERSHIP CORPORATION
> **$1.30M** approved 04/15/2020 · Paid in Full · Loan `1880017206`
## Borrower
- **Name:** WESTERN INDIANA ENERGY RURAL ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 3981 S US HIGHWAY 41, VINCENNES, IN, 47591-7743
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 55
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*