# PPP loan: PIONEER ELECTRIC COOPERATIVE, INC.
> **$891K** approved 05/20/2020 · Paid in Full · Loan `9355607400`
## Borrower
- **Name:** PIONEER ELECTRIC COOPERATIVE, INC.
- **Address:** 300 HERBERT ST, GREENVILLE, AL, 36037-2542
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $891K
- **Initial approval:** $994K
- **Forgiven:** $897K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $891K
- **Jobs reported:** 48
## 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*