# PPP loan: EGYPTIAN ELECTRIC COOPERATIVE ASSOCIATION
> **$747K** approved 05/28/2020 · Paid in Full · Loan `4393917800`
## Borrower
- **Name:** EGYPTIAN ELECTRIC COOPERATIVE ASSOCIATION
- **Address:** 1732 FINNEY RD, MURPHYSBORO, IL, 62966-5252
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $747K
- **Initial approval:** $747K
- **Forgiven:** $750K (100%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $747K
- **Jobs reported:** 40
## Lender
- **Originating:** Banterra Bank
- **Servicing:** Banterra Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*