# PPP loan: JOE WHEELER ELECTRIC MEMBERSHIP CORPORATION
> **$2.84M** approved 04/16/2020 · Paid in Full · Loan `2724047207`
## Borrower
- **Name:** JOE WHEELER ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 25700 Alabama Hwy 24,, Trinity, AL, 35673-5395
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.84M
- **Initial approval:** $2.84M
- **Forgiven:** $2.87M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.84M
- **Jobs reported:** 103
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*