PPP Loan information for Prentiss county electric power association

$509,000

Prentiss county electric power association was initially approved for PPP Loan of amount $509,000, the current approved amount is $509,000. The loan was approved on 04/07/2020 by The Farmers and Merchants Bank reported 34 jobs and $509,000 was used to fund payroll.

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

PPP Loan Search / MS / BOONEVILLE / Prentiss county electric power association

PRENTISS COUNTY ELECTRIC POWER ASSOCIATION

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PRENTISS COUNTY ELECTRIC POWER ASSOCIATION

Borrower Address

302 W. Church St.

Borrower City

BOONEVILLE

Borrower State

MS

Borrower Zip

38829-3313

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

509000.00

Current Approval Amount

509000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONEVILLE

Project County Name

PRENTISS

Project State

MS

Project Zip

38829-3313

CD

MS-01

Jobs Reported

34

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

509000.00

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515503.89

Forgiveness Date

07/21/2021

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