RAPPAHANNOCK ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to RAPPAHANNOCK ELECTRIC COOPERATIVE by CoBank ACB. The loan was approved on 6/23/2020 in the range of $5-10 million.

Business Information

Name:	RAPPAHANNOCK ELECTRIC COOPERATIVE 247 INDUSTRIAL CT FREDERICKSBURG, VA 22408
Business type:	Cooperative Utilities → Electric Power Distribution
Non-profit:	No
Loan amount:	$5-10 million (50 Jobs retained)
Date approved:	June 23, 2020
Lender	CoBank ACB

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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.