PPP borrower record

MARSHALL DEKALB ELETRIC COOPERATIVE PPP loan record

Public SBA PPP loan record for MARSHALL DEKALB ELETRIC COOPERATIVE. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,218,600
Approved amount
$1,226,792
Forgiven amount
2020-04-16
Date approved

Borrower and loan details

Borrower
MARSHALL DEKALB ELETRIC COOPERATIVE
Loan number
3017267209
Business type
Cooperative
Business age
Existing or more than 2 years old
Borrower city
Boaz
Borrower state
Alabama
Borrower ZIP
35957
Jobs reported
59
Loan status
Paid in Full
Forgiveness date
2020-12-21
Servicing lender
Peoples Independent Bank
Originating lender
Peoples Independent Bank

Reported use of proceeds

Payroll
$1,029,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
$189,600
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.