Date Approved
04/16/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
MARSHALL DEKALB ELETRIC COOPERATIVE
Borrower Address
10025 AL HIGHWAY 168
Borrower City
BOAZ
Borrower State
AL
Borrower Zip
35957-1885
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1218600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
112423
Servicing Lender Name
Peoples Independent Bank
Servicing Lender Address
121 Billy B Dyar Blvd
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
35957
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MARSHALL
Project State
Project Zip
CD
AL-04
Jobs Reported
59
NAICS Code
221122
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
1029000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
189600.00
Debt Interest Proceed
0
Business Type
Cooperative
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1226791.70
Forgiveness Date
12/21/2020