Mecklenburg Electric Cooperative

$2,285,450 PPP Loan in Chase City, Virginia

Loan Details

Loan Number
2064008010
Date Approved
Jun 23, 2020
Loan Status
Paid in Full
Initial Approval
$2,285,450
Current Approval
$2,285,450
Forgiveness Amount
$2,307,479
Forgiveness Date
Jun 16, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Mecklenburg Electric Cooperative
Address
11633 Highway Ninety Two
ZIP Code
23924-4009
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$2,285,450

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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