PPP Loan information for Sequachee valley electric coop, inc

$1,659,529

Sequachee valley electric coop, inc was initially approved for PPP Loan of amount $1,659,529, the current approved amount is $1,659,529. The loan was approved on 04/08/2020 by The Citizens Tri-County Bank reported 81 jobs and $1,659,529 was used to fund payroll.

Sequachee valley electric coop, inc is Existing or more than 2 years old

PPP Loan Search / TN / SOUTH PITTSBURG / Sequachee valley electric coop, inc

SEQUACHEE VALLEY ELECTRIC COOP, INC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SEQUACHEE VALLEY ELECTRIC COOP, INC

Borrower Address

512 S CEDAR AVE

Borrower City

SOUTH PITTSBURG

Borrower State

TN

Borrower Zip

37380-1310

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1659529.00

Current Approval Amount

1659529.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66933

Servicing Lender Name

Citizens Tri-County Bank

Servicing Lender Address

15699 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7018

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PITTSBURG

Project County Name

MARION

Project State

TN

Project Zip

37380-1310

CD

TN-04

Jobs Reported

81

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1410599.65

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

248929.35

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

66933

Originating Lender

Citizens Tri-County Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1672805.23

Forgiveness Date

02/02/2021

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