Northcentral Electric Cooperative
$1,960,507 PPP Loan in Olive Branch, Mississippi
Loan Details
- Loan Number
- 9314857409
- Date Approved
- May 20, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,960,507
- Current Approval
- $1,960,507
- Forgiveness Amount
- $1,978,696
- Forgiveness Date
- Apr 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northcentral Electric Cooperative
- Address
- 4600 Northcentral Way
- City
- Olive Branch
- State
- Mississippi
- ZIP Code
- 38654-5097
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221122)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 96
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MS-01
Loan Use Breakdown
- Payroll
- $1,960,507
Lender Information
- Servicing Lender
- Cadence Bank
- Originating Lender
- Cadence Bank
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|---|---|---|
| Shifflett Enterprises, INC | $1,977,300 |  Research |
| Advance Electric Co, INC | $1,276,000 | Research |
| Michael Hatcher & Associates, Inc. | $1,001,400 | Research |
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