Black Warrior Electric Membership Corporation

$1,463,000 PPP Loan in Demopolis, Alabama

Loan Details

Loan Number
6967937402
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,463,000
Current Approval
$1,463,000
Forgiveness Amount
$1,474,013
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Black Warrior Electric Membership Corporation
Address
1410 Highway 43 South
State
Alabama
ZIP Code
36732-3825
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
AL-07

Loan Use Breakdown

Payroll
$1,463,000

Lender Information

Servicing Lender
Robertson Banking Company
Originating Lender
Robertson Banking Company

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