# PPP loan: WAYNE-WHITE COUNTIES ELECTRIC COOPERATIVE
> **$1.32M** approved 05/14/2020 · Paid in Full · Loan `6478417409`
## Borrower
- **Name:** WAYNE-WHITE COUNTIES ELECTRIC COOPERATIVE
- **Address:** 1501 W. MAIN ST PO Drawer E, FAIRFIELD, IL, 62837-2345
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 43
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*