Sequachee Valley Electric Coop, INC

$1,659,529 PPP Loan in South Pittsburg, Tennessee

Loan Details

Loan Number
8456527002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,659,529
Current Approval
$1,659,529
Forgiveness Amount
$1,672,805
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sequachee Valley Electric Coop, INC
Address
512 S Cedar Ave
ZIP Code
37380-1310
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$1,410,600
Health Care
$248,929

Lender Information

Servicing Lender
Citizens Tri-County Bank
Originating Lender
Citizens Tri-County Bank

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