# PPP loan: COMMUNITY ELECTRIC COOPERATIVE
> **$697K** approved 05/21/2020 · Paid in Full · Loan `1640737810`
## Borrower
- **Name:** COMMUNITY ELECTRIC COOPERATIVE
- **Address:** 52 West Windsor Blvd, WINDSOR, VA, 23487-9520
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $697K
- **Jobs reported:** 38
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*