# PPP loan: DIXIE ELECTRIC MEMBERSHIP CORPORATION
> **$5.39M** approved 08/03/2020 · Paid in Full · Loan `2703128204`
## Borrower
- **Name:** DIXIE ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 16262 WAX RD, GREENWELL SPRINGS, LA, 70739-4964
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.39M
- **Initial approval:** $5.39M
- **Forgiven:** $5.46M (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.39M
- **Jobs reported:** 245
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*