# PPP loan: FARMERS ELECTRIC COOPERATIVE INC
> **$3.40M** approved 04/12/2020 · Paid in Full · Loan `3931537100`
## Borrower
- **Name:** FARMERS ELECTRIC COOPERATIVE INC
- **Address:** 2000 INTERSTATE HIGHWAY 30, GREENVILLE, TX, 75402-9084
- **NAICS:** 221118
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.40M
- **Initial approval:** $3.40M
- **Forgiven:** $3.44M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.40M
- **Jobs reported:** 157
## Lender
- **Originating:** The American National Bank of Texas
- **Servicing:** The American National Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*