# PPP loan: OCMULGEE ELECTRIC MEMBERSHIP CORPORATION
> **$605K** approved 06/29/2020 · Paid in Full · Loan `5899528004`
## Borrower
- **Name:** OCMULGEE ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 5722 EASTMAN ST, EASTMAN, GA, 31023-5646
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $608K (100%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $605K
- **Jobs reported:** 39
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*