East Mississippi Electric Power Association

$2,761,500 PPP Loan in Meridian, Mississippi

Loan Details

Loan Number
6734437404
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,761,500
Current Approval
$2,761,500
Forgiveness Amount
$2,791,158
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
East Mississippi Electric Power Association
Address
2211 a St
ZIP Code
39301-5912
Business Type
Cooperative
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$40.0M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$1,713,876
Utilities
$727,896
Health Care
$319,728

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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