PPP Loan information for Tombigbee electric power association

$1,950,000

Tombigbee electric power association was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 05/20/2020 by The Renasant Bank reported 134 jobs and $1,950,000 was used to fund payroll.

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

TOMBIGBEE ELECTRIC POWER ASSOCIATION

Date Approved

05/20/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TOMBIGBEE ELECTRIC POWER ASSOCIATION

Borrower Address

1346 Auburn Rd.

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38804-8412

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950000.00

Current Approval Amount

1950000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUPELO

Project County Name

LEE

Project State

MS

Project Zip

38804-8412

CD

MS-01

Jobs Reported

134

NAICS Code

926150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1970745.83

Forgiveness Date

06/15/2021

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