PPP Loan information for Natchez trace electric power association

$964,990

Natchez trace electric power association was initially approved for PPP Loan of amount $964,990, the current approved amount is $964,990. The loan was approved on 04/27/2020 by The Cadence Bank reported 74 jobs and $964,990 was used to fund payroll.

Natchez trace electric power association is Existing or more than 2 years old

NATCHEZ TRACE ELECTRIC POWER ASSOCIATION

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NATCHEZ TRACE ELECTRIC POWER ASSOCIATION

Borrower Address

547 MADISON ST

Borrower City

HOUSTON

Borrower State

MS

Borrower Zip

38851

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

964990.00

Current Approval Amount

964990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

CHICKASAW

Project State

MS

Project Zip

38851-0001

CD

MS-01

Jobs Reported

74

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

964990.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

972281.04

Forgiveness Date

01/29/2021

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