Rappahannock Electric Cooperative

$8,487,295 PPP Loan in Fredericksburg, Virginia

Loan Details

Loan Number
2062568010
Date Approved
Jun 23, 2020
Loan Status
Paid in Full
Initial Approval
$8,487,295
Current Approval
$8,487,295
Forgiveness Amount
$8,569,575
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Rappahannock Electric Cooperative
Address
247 Industrial Ct
ZIP Code
22408-2443
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
430
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
VA-07

Loan Use Breakdown

Payroll
$8,487,295

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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