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Barc Electric Cooperative

$1,088,999 PPP Loan in Millboro, Virginia

Loan Details

Loan Number
6348287104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,088,999
Current Approval
$1,088,999
Forgiveness Amount
$1,099,133
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Barc Electric Cooperative
Address
84 High Street Dr
City
Millboro
State
Virginia
ZIP Code
24460-2128
Business Type
Corporation
Industry (NAICS)
Utilities (221121)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$1,088,999

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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