# PPP loan: FULTON COUNTY RURAL ELECTRIC MEMBERSHIP COOPERATIVE
> **$322K** approved 03/02/2021 · Paid in Full · Loan `5892038508`
## Borrower
- **Name:** FULTON COUNTY RURAL ELECTRIC MEMBERSHIP COOPERATIVE
- **Address:** 1448 W State Road 14, Rochester, IN, 46975-7919
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $323K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Jobs reported:** 19
## Lender
- **Originating:** The First National Bank of Monterey
- **Servicing:** The First National Bank of Monterey (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*