Arab Electric Cooperative, Inc.
$431,990 PPP Loan in Arab, Alabama
Loan Details
- Loan Number
- 2849707208
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $431,990
- Current Approval
- $431,990
- Forgiveness Amount
- $434,402
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arab Electric Cooperative, Inc.
- Address
- 331 S Brindlee Mtn Pkway
- City
- Arab
- State
- Alabama
- ZIP Code
- 35016-1326
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $431,990
Lender Information
- Servicing Lender
- Citizens Bank & Trust
- Originating Lender
- Citizens Bank & Trust
Other PPP Loans in Arab, AL
| Business | Approved | |
|---|---|---|
| Syncro Corporation | $916,200 |  Research |
| Arab Cartage & Expre | $840,417 | Research |
| Arab Cartage & Express Co Inc. | $840,400 | Research |
| Guntersville Breathables, INC | $826,700 | Research |
| B-K Manufacturing Co. Inc. | $541,532 | Research |
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