# PPP loan: MONROE COUNTY ELECTRIC POWER ASSOCIATION
> **$469K** approved 04/28/2020 · Paid in Full · Loan `1888117304`
## Borrower
- **Name:** MONROE COUNTY ELECTRIC POWER ASSOCIATION
- **Address:** 50408 Greenbriar Rd, AMORY, MS, 38821-8105
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $474K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Utilities:** $38K
- **Jobs reported:** 33
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*