Albemarle Electric Membership Corporation
$732,037 PPP Loan in Hertford, North Carolina
Loan Details
- Loan Number
- 9470557208
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $732,037
- Current Approval
- $732,037
- Forgiveness Amount
- $738,402
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Albemarle Electric Membership Corporation
- Address
- 125 Cooperative Way
- City
- Hertford
- State
- North Carolina
- ZIP Code
- 27944-9825
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Utilities (221118)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- NC-01
Loan Use Breakdown
- Payroll
- $732,037
Lender Information
- Servicing Lender
- First National Bank of Pennsylvania
- Originating Lender
- First National Bank of Pennsylvania
Other PPP Loans in Hertford, NC
| Business | Approved | |
|---|---|---|
| Parkway Ag Supply, LLC | $398,200 | |
| East Coast Steel Fabrication, Inc. | $376,100 | |
| Albemarle Plantation Properties INC | $324,000 | |
| Vaughn's Trucking | $317,960 | |
| Coastal Carolina Family Practice PA | $266,700 |
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