# PPP loan: PLATEAU ELECTRIC COOPERATIVE
> **$800K** approved 04/15/2020 · Paid in Full · Loan `8821447110`
## Borrower
- **Name:** PLATEAU ELECTRIC COOPERATIVE
- **Address:** 16200 SCOTT HWY PO BOX 4669, ONEIDA, TN, 37841-6459
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $781K (98%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Jobs reported:** 50
## Lender
- **Originating:** The First National Bank of Oneida
- **Servicing:** The First National Bank of Oneida (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*