PPP Loan information for Central virginia electric cooperative

$2,570,477

Central virginia electric cooperative was initially approved for PPP Loan of amount $2,570,477, the current approved amount is $2,570,477. The loan was approved on 05/14/2020 by The CoBank ACB reported 118 jobs and $2,570,477 was used to fund payroll.

Central virginia electric cooperative is Existing or more than 2 years old

CENTRAL VIRGINIA ELECTRIC COOPERATIVE

Date Approved

05/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CENTRAL VIRGINIA ELECTRIC COOPERATIVE

Borrower Address

800 COOPERATIVE WAY

Borrower City

ARRINGTON

Borrower State

VA

Borrower Zip

22922-3300

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2570477.00

Current Approval Amount

2570477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARRINGTON

Project County Name

NELSON

Project State

VA

Project Zip

22922-3300

CD

VA-05

Jobs Reported

118

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2570477.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2598395.24

Forgiveness Date

06/18/2021

;