Tallapoosa River Electric Cooperative Inc.
$1,460,143 PPP Loan in Lafayette, Alabama
Loan Details
- Loan Number
- 1648087810
- Date Approved
- May 21, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,460,143
- Current Approval
- $1,460,143
- Forgiveness Amount
- $1,472,676
- Forgiveness Date
- Mar 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tallapoosa River Electric Cooperative Inc.
- Address
- 15163 US Highway 431 S
- City
- Lafayette
- State
- Alabama
- ZIP Code
- 36862-5452
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 68
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- AL-03
Loan Use Breakdown
- Payroll
- $1,460,143
Lender Information
- Servicing Lender
- Farmers and Merchants Bank
- Originating Lender
- Farmers and Merchants Bank
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