ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION by First National Bank of Pennsylvania. The loan was approved on 4/28/2020 in the range of $350,000-1 million.

Business Information

Name:

ALBEMARLE ELECTRIC MEMBERSHIP CORPORATION

125 COOPERATIVE WAY
HERTFORD, NC 27944
Business type: Non-Profit Organization
Utilities
→ Other Electric Power Generation
Non-profit: Yes
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 28, 2020
Lender First National Bank of Pennsylvania

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.