PPP borrower record
POWELL VALLEY ELECTRIC COOPERATIVE PPP loan record
Public SBA PPP loan record for POWELL VALLEY ELECTRIC COOPERATIVE. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,254,100
Approved amount
$1,268,290
Forgiven amount
2020-04-15
Date approved
Borrower and loan details
Borrower
POWELL VALLEY ELECTRIC COOPERATIVE
Loan number
9878867102
Business type
501(c) – Non Profit except 3,4,6,
Business age
Existing or more than 2 years old
Borrower city
New Tazewell
Borrower state
Tennessee
Borrower ZIP
37825
Jobs reported
59
Loan status
Exemption 4
Forgiveness date
2021-06-30
Servicing lender
Customers Bank
Originating lender
Readycap Lending, LLC
Reported use of proceeds
Payroll
$1,254,100
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
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.