# PPP loan: DUBOIS RURAL ELECTRIC COOPERATIVE INC
> **$172K** approved 05/15/2020 · Paid in Full · Loan `6703967407`
## Borrower
- **Name:** DUBOIS RURAL ELECTRIC COOPERATIVE INC
- **Address:** 1400 ENERGY DR, JASPER, IN, 47546-7331
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 26
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*