Baldwin County Electric Membership Corporation

$4,988,378 PPP Loan in Summerdale, Alabama

Loan Details

Loan Number
4547248310
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$4,988,378
Current Approval
$4,988,378
Forgiveness Amount
$5,022,604
Forgiveness Date
Oct 28, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Baldwin County Electric Membership Corporation
Address
19600 Al-59
State
Alabama
ZIP Code
36580
Business Type
Non-Profit Organization
Industry (NAICS)
Public Administration (926130)
Business Age
Existing or more than 2 years old
Jobs Reported
201
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$4,988,372
Utilities
$1

Lender Information

Servicing Lender
United Bank
Originating Lender
United Bank

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