PPP Loan information for Monroe county electric power association

$469,000

Monroe county electric power association was initially approved for PPP Loan of amount $469,000, the current approved amount is $469,000. The loan was approved on 04/28/2020 by The Community Bank of Mississippi reported 33 jobs and $469,000 was used to fund payroll.

Monroe county electric power association is Existing or more than 2 years old

PPP Loan Search / MS / AMORY / Monroe county electric power association

MONROE COUNTY ELECTRIC POWER ASSOCIATION

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MONROE COUNTY ELECTRIC POWER ASSOCIATION

Borrower Address

50408 Greenbriar Rd

Borrower City

AMORY

Borrower State

MS

Borrower Zip

38821-8105

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469000.00

Current Approval Amount

469000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

AMORY

Project County Name

MONROE

Project State

MS

Project Zip

38821-8105

CD

MS-01

Jobs Reported

33

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37600.00

Payroll Proceed

431400.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

474499.51

Forgiveness Date

07/09/2021

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