PPP Loan information for Mecklenburg electric cooperative

$2,285,450

Mecklenburg electric cooperative was initially approved for PPP Loan of amount $2,285,450, the current approved amount is $2,285,450. The loan was approved on 06/23/2020 by The CoBank ACB reported 103 jobs and $2,285,450 was used to fund payroll.

Mecklenburg electric cooperative is Existing or more than 2 years old

PPP Loan Search / VA / CHASE CITY / Mecklenburg electric cooperative

MECKLENBURG ELECTRIC COOPERATIVE

Date Approved

06/23/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MECKLENBURG ELECTRIC COOPERATIVE

Borrower Address

11633 HIGHWAY NINETY TWO

Borrower City

CHASE CITY

Borrower State

VA

Borrower Zip

23924-4009

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2285450.00

Current Approval Amount

2285450.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHASE CITY

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23924-4009

CD

VA-05

Jobs Reported

103

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2285450.00

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

2307479.20

Forgiveness Date

06/16/2021

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