# PPP loan: TALLAHATCHIE VALLEY ELECTRIC POWER ASSOCIATION
> **$1.37M** approved 04/07/2020 · Paid in Full · Loan `6629217003`
## Borrower
- **Name:** TALLAHATCHIE VALLEY ELECTRIC POWER ASSOCIATION
- **Address:** 250 Power Drive, BATESVILLE, MS, 38606-3010
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 113
## Lender
- **Originating:** First Security Bank
- **Servicing:** First Security Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*