# PPP loan: AIKEN ELECTRIC COOPERATIVE, INC
> **$3.15M** approved 04/27/2020 · Paid in Full · Loan `4921887210`
## Borrower
- **Name:** AIKEN ELECTRIC COOPERATIVE, INC
- **Address:** 2790 WAGENER ROAD, AIKEN, SC, 29801
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $3.19M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.15M
- **Jobs reported:** 142
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*