A&N ELECTRIC COOPERATIVE (VA) - 2020 PPP Loan Borrower Profile (# 9048238109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&N ELECTRIC COOPERATIVE. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

9048238109

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$1,754,215

Date Loan was Approved

Jul 27, 2020

Amount Forgiven

$1,763,229.72

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,754,215

Lender

CoBank ACB

Business Detail

Business Type

Cooperative

NAICS

221122

Borrower Location

TASLEY, VA

Project Location

TASLEY, VA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.