However, there were some interesting symptoms. Although the motherboard didn't power up, it did sometimes flash some red lights near the USB connector when "reset" was pressed. I suspect this was due to USB having power from the PC.
So, here's the first attempt at solving the problem.
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Second attempt. I read that even though the power supply FAN wasn't working, the motherboard may indeed be getting power from the supply. If so, it might just need it's firmware reloaded. So, I figured, what the heck. Give it a try. So, I found the "update firmware" option in the menus. Tried the latest edition. The blinking light changed to a steady red & I got a notice that firmware reload was successful. Whew! Amazing as it seems, that recovery procedure worked.