# PPP loan: BLACK WARRIOR ELECTRIC MEMBERSHIP CORPORATION
> **$1.46M** approved 05/15/2020 · Paid in Full · Loan `6967937402`
## Borrower
- **Name:** BLACK WARRIOR ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 1410 Highway 43 South, DEMOPOLIS, AL, 36732-3825
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Jobs reported:** 66
## Lender
- **Originating:** Robertson Banking Company
- **Servicing:** Robertson Banking Company (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*