# PPP loan: PENNYRILE RURAL ELECTRIC COOPERATIVE CORPORATION
> **$1.99M** approved 05/20/2020 · Paid in Full · Loan `9355307404`
## Borrower
- **Name:** PENNYRILE RURAL ELECTRIC COOPERATIVE CORPORATION
- **Address:** 2000 HARRISON ST, HOPKINSVILLE, KY, 42240-3678
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.99M
- **Jobs reported:** 111
## 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*