PPP Loan information for Upper cumberland electric membership corporation

$2,406,713

Upper cumberland electric membership corporation was initially approved for PPP Loan of amount $2,406,713, the current approved amount is $2,406,713. The loan was approved on 04/09/2020 by The Citizens Bank reported 125 jobs and $2,406,713 was used to fund payroll.

Upper cumberland electric membership corporation is Existing or more than 2 years old

PPP Loan Search / TN / CARTHAGE / Upper cumberland electric membership corporation

UPPER CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

UPPER CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION

Borrower Address

907 MAIN ST N

Borrower City

CARTHAGE

Borrower State

TN

Borrower Zip

37030-1002

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2406712.50

Current Approval Amount

2406712.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66851

Servicing Lender Name

Citizens Bank

Servicing Lender Address

407 Main St N

Servicing Lender City

CARTHAGE

Servicing Lender State

TN

Servicing Lender Zip

37030-1207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARTHAGE

Project County Name

SMITH

Project State

TN

Project Zip

37030-1002

CD

TN-06

Jobs Reported

125

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2406712.50

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

Corporation

Originating Lender Location Id

66851

Originating Lender

Citizens Bank

Originating Lender City

CARTHAGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2434406.18

Forgiveness Date

06/14/2021

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