PPP Loan information for Tippah electric power association

$616,200

Tippah electric power association was initially approved for PPP Loan of amount $616,200, the current approved amount is $616,200. The loan was approved on 05/15/2020 by The The Peoples Bank reported 43 jobs and $616,200 was used to fund payroll.

Tippah electric power association is Existing or more than 2 years old

PPP Loan Search / MS / RIPLEY / Tippah electric power association

TIPPAH ELECTRIC POWER ASSOCIATION

Date Approved

05/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TIPPAH ELECTRIC POWER ASSOCIATION

Borrower Address

109 E COOPER ST

Borrower City

RIPLEY

Borrower State

MS

Borrower Zip

38663-1723

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616200.00

Current Approval Amount

616200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39728

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

305 E Jefferson St

Servicing Lender City

RIPLEY

Servicing Lender State

MS

Servicing Lender Zip

38663-2021

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIPLEY

Project County Name

TIPPAH

Project State

MS

Project Zip

38663-1723

CD

MS-01

Jobs Reported

43

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

616200.00

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

39728

Originating Lender

The Peoples Bank

Originating Lender City

RIPLEY

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

620504.96

Forgiveness Date

01/26/2021

;