# PPP loan: JEFFERSON ENERGY COOPERATIVE
> **$320K** approved 04/28/2020 · Paid in Full · Loan `7981257204`
## Borrower
- **Name:** JEFFERSON ENERGY COOPERATIVE
- **Address:** 3077 Hwy 17 N, WRENS, GA, 30833
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $1.60M
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 108
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*