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Mitchell Electric Membership Corporation

$1,743,600 PPP Loan in Camilla, Georgia

Loan Details

Loan Number
6995567406
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,743,600
Current Approval
$1,743,600
Forgiveness Amount
$1,753,384
Forgiveness Date
Dec 11, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mitchell Electric Membership Corporation
Address
475 Cairo Rd
City
Camilla
State
Georgia
ZIP Code
31730-3800
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
GA-02

Loan Use Breakdown

Payroll
$976,250
Health Care
$418,669
Debt Interest
$348,681

Lender Information

Servicing Lender
Planters & Citizens Bank
Originating Lender
Planters & Citizens Bank

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