Mountain Electric Cooperative
$1,350,800 PPP Loan in Mountain City, Tennessee
Loan Details
- Loan Number
- 4997197309
- Date Approved
- Apr 30, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,350,800
- Current Approval
- $1,350,800
- Forgiveness Amount
- $1,358,229
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mountain Electric Cooperative
- Address
- 604 S Church St
- City
- Mountain City
- State
- Tennessee
- ZIP Code
- 37683-1844
- Business Type
- Corporation
- Industry (NAICS)
- Utilities (221122)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 86
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- TN-01
Loan Use Breakdown
- Payroll
- $1,350,800
Lender Information
- Servicing Lender
- First-Citizens Bank & Trust Company
- Originating Lender
- First-Citizens Bank & Trust Company
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