As part of the Paycheck Protection Program ILLINOIS 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.

ILLINOIS ELECTRIC COOPERATIVE


Loan Amount	$1,044,910
BusinessName	ILLINOIS ELECTRIC COOPERATIVE
Address	2 SOUTH MAIN ST
City	WINCHESTER
State	IL
Zip	62694
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	51
DateApproved	05/20/2020
Lender	CoBank ACB
CD	IL-18
BusinessName.clean	ILLINOIS ELECTRIC COOPERATIVE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ILLINOIS GAMING SYSTEMS
ILLINOIS GASTROENTEROLOGY INSTITUTE
ILLINOIS JACK
ILLINOIS LABORERS CONTRACTORS JOINT APPRENTICESHIP TRAI
ILLINOIS MASONRY