PPP Loan information for Dixie electric power association

$1,975,000

Dixie electric power association was initially approved for PPP Loan of amount $1,975,000, the current approved amount is $1,975,000. The loan was approved on 05/15/2020 by The Community Bank of Mississippi reported 107 jobs and $1,975,000 was used to fund payroll.

Dixie electric power association is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Dixie electric power association

DIXIE ELECTRIC POWER ASSOCIATION

Date Approved

05/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DIXIE ELECTRIC POWER ASSOCIATION

Borrower Address

1863 HIGHWAY 184

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39443-2626

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1975000.00

Current Approval Amount

1975000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39443-2626

CD

MS-04

Jobs Reported

107

NAICS Code

221118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

202800.00

Payroll Proceed

1290500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

481700.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1995615.75

Forgiveness Date

06/04/2021

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