PPP Loan information for Panola-harrison electric cooperative inc

$831,962

Panola-harrison electric cooperative inc was initially approved for PPP Loan of amount $831,962, the current approved amount is $831,962. The loan was approved on 04/27/2020 by The Cadence Bank reported 37 jobs and $831,962 was used to fund payroll.

Panola-harrison electric cooperative inc is New Business or 2 years or less

PANOLA-HARRISON ELECTRIC COOPERATIVE INC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PANOLA-HARRISON ELECTRIC COOPERATIVE INC

Borrower Address

410 EAST HOUSTON

Borrower City

MARSHALL

Borrower State

TX

Borrower Zip

75671

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

831962.00

Current Approval Amount

831962.00

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

N

Business Age Description

New Business or 2 years or less

Project City

MARSHALL

Project County Name

HARRISON

Project State

TX

Project Zip

75671-0001

CD

TX-01

Jobs Reported

37

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

831962.00

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

838201.72

Forgiveness Date

01/26/2021

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