# PPP loan: CLARK-WASHINGTON ELECTRIC MEMBERSHIP CORPORATION
> **$795K** approved 05/19/2020 · Paid in Full · Loan `8870097402`
## Borrower
- **Name:** CLARK-WASHINGTON ELECTRIC MEMBERSHIP CORPORATION
- **Address:** 9000 HIGHWAY 43, JACKSON, AL, 36545-5782
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $795K
- **Initial approval:** $795K
- **Forgiven:** $801K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $795K
- **Jobs reported:** 44
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*