# PPP loan: NORTH EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION
> **$1.47M** approved 04/09/2020 · Paid in Full · Loan `9486417010`
## Borrower
- **Name:** NORTH EAST MISSISSIPPI ELECTRIC POWER ASSOCIATION
- **Address:** 10 PRIVATE ROAD 2050, OXFORD, MS, 38655-8887
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.47M
- **Jobs reported:** 69
## Lender
- **Originating:** FNB Oxford Bank
- **Servicing:** FNB Oxford Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*