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
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

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