Monroe County Electric Power Association

$469,000 PPP Loan in Amory, Mississippi

Loan Details

Loan Number
1888117304
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$469,000
Current Approval
$469,000
Forgiveness Amount
$474,500
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monroe County Electric Power Association
Address
50408 Greenbriar Rd
City
Amory
ZIP Code
38821-8105
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$431,400
Utilities
$37,600

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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