PPP Loan information for Pearl river valley electric power association

$2,577,700

Pearl river valley electric power association was initially approved for PPP Loan of amount $2,577,700, the current approved amount is $2,577,700. The loan was approved on 04/03/2020 by The First Southern Bank reported 131 jobs and $2,577,700 was used to fund payroll.

Pearl river valley electric power association is Existing or more than 2 years old

PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION

Borrower Address

1422 HWY 13 NORTH

Borrower City

COLUMBIA

Borrower State

MS

Borrower Zip

39429-0001

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2577700.00

Current Approval Amount

2577700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88691

Servicing Lender Name

First Southern Bank

Servicing Lender Address

1075 Hwy 98

Servicing Lender City

COLUMBIA

Servicing Lender State

MS

Servicing Lender Zip

39429-3741

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

MARION

Project State

MS

Project Zip

39429-0001

CD

MS-04

Jobs Reported

131

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2577700.00

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

Cooperative

Originating Lender Location Id

88691

Originating Lender

First Southern Bank

Originating Lender City

COLUMBIA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2607926.18

Forgiveness Date

06/16/2021

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