Southwest Mississippi Electric Power Association
$1,655,600 PPP Loan in Lorman, Mississippi
Loan Details
- Loan Number
- 6156427104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,655,600
- Current Approval
- $1,076,000
- Forgiveness Amount
- $1,080,962
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southwest Mississippi Electric Power Association
- Address
- 18671 US Highway 61 N
- City
- Lorman
- State
- Mississippi
- ZIP Code
- 39096-5449
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 87
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MS-02
Loan Use Breakdown
- Payroll
- $1,076,000
Lender Information
- Servicing Lender
- Bankplus
- Originating Lender
- Bankplus
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