PPP Loan information for Southwest tennessee electric membership corporation

$2,198,700

Southwest tennessee electric membership corporation was initially approved for PPP Loan of amount $2,198,700, the current approved amount is $2,198,700. The loan was approved on 04/15/2020 by The Simmons Bank reported 128 jobs and $2,198,700 was used to fund payroll.

Southwest tennessee electric membership corporation is Unanswered

PPP Loan Search / TN / BROWNSVILLE / Southwest tennessee electric membership corporation

SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

1009 East Main Street

Borrower City

BROWNSVILLE

Borrower State

TN

Borrower Zip

38012

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2198700.00

Current Approval Amount

2198700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BROWNSVILLE

Project County Name

HAYWOOD

Project State

TN

Project Zip

38012-0001

CD

TN-08

Jobs Reported

128

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2198700.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2223801.82

Forgiveness Date

06/15/2021

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