# PPP loan: COLEMAN COUNTY ELECTRIC COOPERATIVE, INC.
> **$645K** approved 04/30/2020 · Paid in Full · Loan `7162487308`
## Borrower
- **Name:** COLEMAN COUNTY ELECTRIC COOPERATIVE, INC.
- **Address:** 3300 N HIGHWAY 84, COLEMAN, TX, 76834-2132
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 12/01/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Utilities:** $3K
- **Health care:** $217K
- **Debt interest:** $65K
- **Jobs reported:** 35
## Lender
- **Originating:** InterBank
- **Servicing:** InterBank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*