# PPP loan: WASHINGTON ELECTRIC MEMBERSHIP CORPORATION
> **$1.15M** approved 04/11/2020 · Paid in Full · Loan `3097047103`
## Borrower
- **Name:** WASHINGTON ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 206 W. Haynes Street, SANDERSVILLE, GA, 31082-2313
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $863K
- **Utilities:** $115K
- **Health care:** $173K
- **Jobs reported:** 66
## Lender
- **Originating:** The Geo. D. Warthen Bank
- **Servicing:** The Geo. D. Warthen Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*