PPP Loan information for Southwest mississippi electric power association

$1,076,000

Southwest mississippi electric power association was initially approved for PPP Loan of amount $1,655,600, the current approved amount is $1,076,000. The loan was approved on 04/14/2020 by The BankPlus reported 87 jobs and $1,076,000 was used to fund payroll.

Southwest mississippi electric power association is Existing or more than 2 years old

PPP Loan Search / MS / LORMAN / Southwest mississippi electric power association

SOUTHWEST MISSISSIPPI ELECTRIC POWER ASSOCIATION

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHWEST MISSISSIPPI ELECTRIC POWER ASSOCIATION

Borrower Address

18671 US HIGHWAY 61 N

Borrower City

LORMAN

Borrower State

MS

Borrower Zip

39096-5449

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1655600.00

Current Approval Amount

1076000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LORMAN

Project County Name

JEFFERSON

Project State

MS

Project Zip

39096-5449

CD

MS-02

Jobs Reported

87

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1076000.00

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1080961.56

Forgiveness Date

11/03/2020

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