PPP Loan information for North alabama electric cooperative

$887,710

North alabama electric cooperative was initially approved for PPP Loan of amount $887,710, the current approved amount is $887,710. The loan was approved on 04/30/2020 by The First Jackson Bank reported 53 jobs and $887,710 was used to fund payroll.

North alabama electric cooperative is Existing or more than 2 years old

PPP Loan Search / AL / STEVENSON / North alabama electric cooperative

NORTH ALABAMA ELECTRIC COOPERATIVE

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NORTH ALABAMA ELECTRIC COOPERATIVE

Borrower Address

41103 HWY 72

Borrower City

STEVENSON

Borrower State

AL

Borrower Zip

35772-4560

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

887710.00

Current Approval Amount

887710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3288

Servicing Lender Name

First Jackson Bank

Servicing Lender Address

43243 US Hwy 72

Servicing Lender City

STEVENSON

Servicing Lender State

AL

Servicing Lender Zip

35772-6703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STEVENSON

Project County Name

JACKSON

Project State

AL

Project Zip

35772-4560

CD

AL-05

Jobs Reported

53

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

887710.00

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

Non-Profit Organization

Originating Lender Location Id

3288

Originating Lender

First Jackson Bank

Originating Lender City

STEVENSON

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

892197.87

Forgiveness Date

11/03/2020

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