PPP Loan information for East mississippi electric power association
$2,761,500
East mississippi electric power association was initially approved for PPP Loan of amount $2,761,500, the current approved amount is $2,761,500. The loan was approved on 05/15/2020 by The Community Bank of Mississippi reported 129 jobs and $2,761,500 was used to fund payroll.
East mississippi electric power association is Existing or more than 2 years old
EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION
Date Approved
05/15/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION
Borrower Address
2211 A ST
Borrower City
MERIDIAN
Borrower State
MS
Borrower Zip
39301-5912
Loan Status Date
07/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2761500.00
Current Approval Amount
2761500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39217
Servicing Lender Name
Community Bank of Mississippi
Servicing Lender Address
323 E Third St
Servicing Lender City
Forest
Servicing Lender State
MS
Servicing Lender Zip
39074-0059
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
MERIDIAN
Project County Name
LAUDERDALE
Project State
MS
Project Zip
39301-5912
CD
MS-03
Jobs Reported
129
NAICS Code
237130
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
727896.00
Payroll Proceed
1713876.00
Mortgage Interest Proceed
0.00
Rent Proceed
0.00
Refinance EIDL Proceed
0.00
Health Care Proceed
319728.00
Debt Interest Proceed
0
Business Type
Cooperative
Originating Lender Location Id
39217
Originating Lender
Community Bank of Mississippi
Originating Lender City
Forest
Originating Lender State
MS
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
2791157.75
Forgiveness Date
06/17/2021