South Alabama Electric Cooperative

$1,114,386 PPP Loan in Troy, Alabama

Loan Details

Loan Number
1983867206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,114,386
Current Approval
$1,114,386
Forgiveness Amount
$1,122,965
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Alabama Electric Cooperative
Address
13192 US Highway 231
City
Troy
State
Alabama
ZIP Code
36081-9109
Business Type
Cooperative
Industry (NAICS)
Utilities (221121)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Utilities
$1,114,386

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

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