Washington Electric Membership Corporation

$1,150,000 PPP Loan in Sandersville, Georgia

Loan Details

Loan Number
3097047103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,150,000
Current Approval
$1,150,000
Forgiveness Amount
$1,160,733
Forgiveness Date
Mar 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Washington Electric Membership Corporation
Address
206 W. Haynes Street
State
Georgia
ZIP Code
31082-2313
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
GA-12

Loan Use Breakdown

Payroll
$862,500
Utilities
$115,000
Health Care
$172,500

Lender Information

Servicing Lender
The Geo. D. Warthen Bank
Originating Lender
The Geo. D. Warthen Bank

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