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
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

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