PPP Loan information for Tri county electric membership corporation

$1,832,377

Tri county electric membership corporation was initially approved for PPP Loan of amount $1,832,377, the current approved amount is $1,832,377. The loan was approved on 04/08/2020 by The Macon Bank and Trust Company reported 125 jobs and $1,832,377 was used to fund payroll.

Tri county electric membership corporation is Existing or more than 2 years old

TRI COUNTY ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TRI COUNTY ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

405 COLLEGE ST

Borrower City

LAFAYETTE

Borrower State

TN

Borrower Zip

37083-1729

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1832377.00

Current Approval Amount

1832377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68797

Servicing Lender Name

Macon Bank and Trust Company

Servicing Lender Address

609 Red Boiling Springs Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

TN

Servicing Lender Zip

37083-1315

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

MACON

Project State

TN

Project Zip

37083-1729

CD

TN-06

Jobs Reported

125

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1832377.00

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

68797

Originating Lender

Macon Bank and Trust Company

Originating Lender City

LAFAYETTE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1845078.13

Forgiveness Date

12/23/2020

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