# PPP loan: AMICALOLA ELECTRIC MEMBERSHIP CORPORATION
> **$2.65M** approved 04/06/2020 · Paid in Full · Loan `5816287003`
## Borrower
- **Name:** AMICALOLA ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 544 Hwy 515 South, JASPER, GA, 30143
- **NAICS:** 926130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.65M
- **Initial approval:** $2.65M
- **Forgiven:** $2.67M (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.65M
- **Jobs reported:** 153
## Lender
- **Originating:** Community Bank of Pickens County
- **Servicing:** Community Bank of Pickens County (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*