PPP Loan information for Twin county electric power association

$820,900

Twin county electric power association was initially approved for PPP Loan of amount $820,900, the current approved amount is $820,900. The loan was approved on 04/05/2020 by The Guaranty Bank & Trust Company reported 62 jobs and $820,900 was used to fund payroll.

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

TWIN COUNTY ELECTRIC POWER ASSOCIATION

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TWIN COUNTY ELECTRIC POWER ASSOCIATION

Borrower Address

900 East Avenue North

Borrower City

HOLLANDALE

Borrower State

MS

Borrower Zip

38748-3232

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

820900.00

Current Approval Amount

820900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39146

Servicing Lender Name

Guaranty Bank & Trust Company

Servicing Lender Address

210 Hayden St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3636

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLANDALE

Project County Name

WASHINGTON

Project State

MS

Project Zip

38748-3232

CD

MS-02

Jobs Reported

62

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

820900.00

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

39146

Originating Lender

Guaranty Bank & Trust Company

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

827827.05

Forgiveness Date

02/17/2021

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