# PPP loan: BALDWIN COUNTY ELECTRIC MEMBERSHIP CORPORATION
> **$4.99M** approved 01/23/2021 · Paid in Full · Loan `4547248310`
## Borrower
- **Name:** BALDWIN COUNTY ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 19600 AL-59, Summerdale, AL, 36580
- **NAICS:** 926130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.99M
- **Initial approval:** $4.99M
- **Forgiven:** $5.02M (101%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.99M
- **Utilities:** $1
- **Jobs reported:** 201
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*