PPP Loan information for The alcorn county electric power association

$1,352,000

The alcorn county electric power association was initially approved for PPP Loan of amount $1,352,000, the current approved amount is $1,352,000. The loan was approved on 05/18/2020 by The Renasant Bank reported 71 jobs and $1,352,000 was used to fund payroll.

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

PPP Loan Search / MS / CORINTH / The alcorn county electric power association

THE ALCORN COUNTY ELECTRIC POWER ASSOCIATION

Date Approved

05/18/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE ALCORN COUNTY ELECTRIC POWER ASSOCIATION

Borrower Address

1909 TATE ST

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834-7981

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1352000.00

Current Approval Amount

1352000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-7981

CD

MS-01

Jobs Reported

71

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1352000.00

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

Professional Association

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1360224.67

Forgiveness Date

12/30/2020

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