# PPP loan: NORTHEAST MISSOURI ELECTRIC POWER COOPERATIVE
> **$1.51M** approved 05/20/2020 · Paid in Full · Loan `9421917409`
## Borrower
- **Name:** NORTHEAST MISSOURI ELECTRIC POWER COOPERATIVE
- **Address:** 3705 Business 61, PO Box 191, PALMYRA, MO, 63461
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 60
## Lender
- **Originating:** HOMEBANK
- **Servicing:** HOMEBANK (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*