# PPP loan: ROANOKE ELECTRIC MEMBERSHIP CORPORATION
> **$961K** approved 04/13/2020 · Paid in Full · Loan `4308297103`
## Borrower
- **Name:** ROANOKE ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 581 NC HIGHWAY 561, AULANDER, NC, 27805-9218
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $961K
- **Initial approval:** $961K
- **Forgiven:** $967K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $961K
- **Jobs reported:** 67
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*