PPP Loan information for Baldwin county electric membership corporation

$4,988,378

Baldwin county electric membership corporation was initially approved for PPP Loan of amount $4,988,378, the current approved amount is $4,988,378. The loan was approved on 01/23/2021 by The United Bank reported 201 jobs and $4,988,378 was used to fund payroll.

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

PPP Loan Search / AL / Summerdale / Baldwin county electric membership corporation

BALDWIN COUNTY ELECTRIC MEMBERSHIP CORPORATION

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BALDWIN COUNTY ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

19600 AL-59

Borrower City

Summerdale

Borrower State

AL

Borrower Zip

36580

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4988378.20

Current Approval Amount

4988378.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33

Servicing Lender Name

United Bank

Servicing Lender Address

200 E Nashville Ave

Servicing Lender City

ATMORE

Servicing Lender State

AL

Servicing Lender Zip

36502-2536

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Summerdale

Project County Name

BALDWIN

Project State

AL

Project Zip

36580

CD

AL-01

Jobs Reported

201

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

4988372.20

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

Non-Profit Organization

Originating Lender Location Id

33

Originating Lender

United Bank

Originating Lender City

ATMORE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5022604.02

Forgiveness Date

10/28/2021

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