Appalachian Electric Coopertive

$2,659,730 PPP Loan in New Market, Tennessee

Loan Details

Loan Number
9311067108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,659,730
Current Approval
$2,659,730
Forgiveness Amount
$1,639,266
Forgiveness Date
Dec 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Appalachian Electric Coopertive
Address
1109 Hill Drive
ZIP Code
37820-3832
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
178
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
TN-02

Loan Use Breakdown

Payroll
$2,659,730

Lender Information

Servicing Lender
Firstbank
Originating Lender
Firstbank

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