PPP Loan information for East mississippi electric power association

$2,761,500

East mississippi electric power association was initially approved for PPP Loan of amount $2,761,500, the current approved amount is $2,761,500. The loan was approved on 05/15/2020 by The Community Bank of Mississippi reported 129 jobs and $2,761,500 was used to fund payroll.

East mississippi electric power association is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / East mississippi electric power association

EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION

Date Approved

05/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION

Borrower Address

2211 A ST

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-5912

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2761500.00

Current Approval Amount

2761500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-5912

CD

MS-03

Jobs Reported

129

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

727896.00

Payroll Proceed

1713876.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

319728.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2791157.75

Forgiveness Date

06/17/2021

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