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Sumter Electric Membership Corporation

$1,270,278 PPP Loan in Americus, Georgia

Loan Details

Loan Number
1242507206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,270,278
Current Approval
$1,270,278
Forgiveness Amount
$1,280,892
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sumter Electric Membership Corporation
Address
1120 Felder St
City
Americus
State
Georgia
ZIP Code
31709-4323
Business Type
Cooperative
Industry (NAICS)
Utilities (221121)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
GA-02

Loan Use Breakdown

Payroll
$1,016,222
Mortgage Interest
$254,056

Lender Information

Servicing Lender
Citizens Bank of Americus
Originating Lender
Citizens Bank of Americus

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