PPP Loan information for Northern neck electric cooperative

$1,239,345

Northern neck electric cooperative was initially approved for PPP Loan of amount $1,239,345, the current approved amount is $1,239,345. The loan was approved on 07/16/2020 by The CoBank ACB reported 59 jobs and $1,239,345 was used to fund payroll.

Northern neck electric cooperative is Existing or more than 2 years old

NORTHERN NECK ELECTRIC COOPERATIVE

Date Approved

07/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NORTHERN NECK ELECTRIC COOPERATIVE

Borrower Address

85 ST JOHNS ST

Borrower City

WARSAW

Borrower State

VA

Borrower Zip

22572-3571

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1239344.80

Current Approval Amount

1239344.80

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

N

Business Age Description

Existing or more than 2 years old

Project City

WARSAW

Project County Name

RICHMOND

Project State

VA

Project Zip

22572-3571

CD

VA-01

Jobs Reported

59

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1239344.80

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

Corporation

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

1247641.52

Forgiveness Date

03/26/2021

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