Southwest Tennessee Electric Membership Corporation
$2,198,700 PPP Loan in Brownsville, Tennessee
Loan Details
- Loan Number
- 9010827107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,198,700
- Current Approval
- $2,198,700
- Forgiveness Amount
- $2,223,802
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southwest Tennessee Electric Membership Corporation
- Address
- 1009 East Main Street
- City
- Brownsville
- State
- Tennessee
- ZIP Code
- 38012
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Unanswered
- Jobs Reported
- 128
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- TN-08
Loan Use Breakdown
- Payroll
- $2,198,700
Lender Information
- Servicing Lender
- Simmons Bank
- Originating Lender
- Simmons Bank
Other PPP Loans in Brownsville, TN
| Business | Approved | |
|---|---|---|
| Mid-South Farmers Cooperative | $1,206,781 | |
| Mid-South Farmers Cooperative | $1,109,555 | |
| Dynametal Technologies, Inc. | $523,095 | |
| Simmons Logging LLC | $408,071 | |
| B. T. Redi-Mix, Inc. | $390,840 |
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