BRIDGEWATER, VA
As part of the Paycheck Protection Program SHENANDOAH VALLEY ELECTRIC COOPERATIVE was approved for a loan.
The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.
| Loan Amount | $3,967,000 |
| BusinessName | SHENANDOAH VALLEY ELECTRIC COOPERATIVE |
| Address | 180 OAKWOOD DR |
| City | BRIDGEWATER |
| State | VA |
| Zip | 22812 |
| NAICSCode | 221122 |
| BusinessType | Cooperative |
| RaceEthnicity | White |
| Gender | Male Owned |
| Veteran | Non-Veteran |
| NonProfit | |
| JobsReported | 0 |
| DateApproved | 04/15/2020 |
| Lender | The First Bank and Trust Company |
| CD | VA-06 |
| BusinessName.clean | SHENANDOAH VALLEY ELECTRIC COOPERATIVE |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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