PPP Loan information for Amicalola electric membership corporation

$2,645,250

Amicalola electric membership corporation was initially approved for PPP Loan of amount $2,645,250, the current approved amount is $2,645,250. The loan was approved on 04/06/2020 by The Community Bank of Pickens County reported 153 jobs and $2,645,250 was used to fund payroll.

Amicalola electric membership corporation is Existing or more than 2 years old

PPP Loan Search / GA / JASPER / Amicalola electric membership corporation

AMICALOLA ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMICALOLA ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

544 Hwy 515 South

Borrower City

JASPER

Borrower State

GA

Borrower Zip

30143

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2645250.00

Current Approval Amount

2645250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

201331

Servicing Lender Name

Community Bank of Pickens County

Servicing Lender Address

15 Sammy McGhee Blvd

Servicing Lender City

JASPER

Servicing Lender State

GA

Servicing Lender Zip

30143-4098

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JASPER

Project County Name

PICKENS

Project State

GA

Project Zip

30143-0001

CD

GA-11

Jobs Reported

153

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2645250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

201331

Originating Lender

Community Bank of Pickens County

Originating Lender City

JASPER

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2671195.19

Forgiveness Date

04/12/2021

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