PPP Loan information for Gibson electric membership corporation

$2,284,500

Gibson electric membership corporation was initially approved for PPP Loan of amount $2,284,500, the current approved amount is $2,284,500. The loan was approved on 04/27/2020 by The Security Bank and Trust Company reported 99 jobs and $2,284,500 was used to fund payroll.

Gibson electric membership corporation is Existing or more than 2 years old

PPP Loan Search / TN / TRENTON / Gibson electric membership corporation

GIBSON ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GIBSON ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

1207 S COLLEGE ST

Borrower City

TRENTON

Borrower State

TN

Borrower Zip

38382-3605

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2284500.00

Current Approval Amount

2284500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66905

Servicing Lender Name

Security Bank and Trust Company

Servicing Lender Address

210 W Washington St

Servicing Lender City

PARIS

Servicing Lender State

TN

Servicing Lender Zip

38242-4013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TRENTON

Project County Name

GIBSON

Project State

TN

Project Zip

38382-3605

CD

TN-08

Jobs Reported

99

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2284500.00

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

66905

Originating Lender

Security Bank and Trust Company

Originating Lender City

PARIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2311089.04

Forgiveness Date

06/24/2021

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