North Alabama Electric Cooperative

$887,710 PPP Loan in Stevenson, Alabama

Loan Details

Loan Number
6740147309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$887,710
Current Approval
$887,710
Forgiveness Amount
$892,198
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
North Alabama Electric Cooperative
Address
41103 Hwy 72
State
Alabama
ZIP Code
35772-4560
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$887,710

Lender Information

Servicing Lender
First Jackson Bank
Originating Lender
First Jackson Bank

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