# PPP loan: SEQUACHEE VALLEY ELECTRIC COOP, INC
> **$1.66M** approved 04/08/2020 · Paid in Full · Loan `8456527002`
## Borrower
- **Name:** SEQUACHEE VALLEY ELECTRIC COOP, INC
- **Address:** 512 S CEDAR AVE, SOUTH PITTSBURG, TN, 37380-1310
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Health care:** $249K
- **Jobs reported:** 81
## Lender
- **Originating:** Citizens Tri-County Bank
- **Servicing:** Citizens Tri-County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*