# PPP loan: NATCHEZ TRACE ELECTRIC POWER ASSOCIATION
> **$965K** approved 04/27/2020 · Paid in Full · Loan `4246457205`
## Borrower
- **Name:** NATCHEZ TRACE ELECTRIC POWER ASSOCIATION
- **Address:** 547 MADISON ST, HOUSTON, MS, 38851
- **NAICS:** 221118
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $965K
- **Initial approval:** $965K
- **Forgiven:** $972K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $965K
- **Jobs reported:** 74
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*