# PPP loan: MISSOURI RURAL ELECTRIC COOPERATIVE
> **$579K** approved 04/09/2020 · Paid in Full · Loan `9717487007`
## Borrower
- **Name:** MISSOURI RURAL ELECTRIC COOPERATIVE
- **Address:** 975 West Ross Street, PALMYRA, MO, 63461-1368
- **NAICS:** 813990
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $579K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $579K
- **Jobs reported:** 25
## Lender
- **Originating:** HOMEBANK
- **Servicing:** HOMEBANK (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*