PPP Loan information for Pea river electric cooperative

$1,524,905

Pea river electric cooperative was initially approved for PPP Loan of amount $1,524,905, the current approved amount is $1,524,905. The loan was approved on 04/28/2020 by The PeoplesSouth Bank reported 65 jobs and $1,524,905 was used to fund payroll.

Pea river electric cooperative is Existing or more than 2 years old

PPP Loan Search / AL / OZARK / Pea river electric cooperative

PEA RIVER ELECTRIC COOPERATIVE

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PEA RIVER ELECTRIC COOPERATIVE

Borrower Address

PO BOX 969

Borrower City

OZARK

Borrower State

AL

Borrower Zip

36361

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1524905.00

Current Approval Amount

1524905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19243

Servicing Lender Name

PeoplesSouth Bank

Servicing Lender Address

203 W Crawford St

Servicing Lender City

COLQUITT

Servicing Lender State

GA

Servicing Lender Zip

39837-3903

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OZARK

Project County Name

DALE

Project State

AL

Project Zip

36361-0001

CD

AL-02

Jobs Reported

65

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1524905.00

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

Corporation

Originating Lender Location Id

19243

Originating Lender

PeoplesSouth Bank

Originating Lender City

COLQUITT

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1535748.77

Forgiveness Date

01/12/2021

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