Tombigbee Electric Cooperative INC

$417,850 PPP Loan in Hamilton, Alabama

Loan Details

Loan Number
8643947310
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$417,850
Current Approval
$417,850
Forgiveness Amount
$421,030
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tombigbee Electric Cooperative INC
Address
3196 County Highway 55
State
Alabama
ZIP Code
35570-7630
Business Type
Cooperative
Industry (NAICS)
Utilities (221118)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$313,388
Utilities
$104,463

Lender Information

Servicing Lender
State Bank & Trust
Originating Lender
State Bank & Trust

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