As part of the Paycheck Protection Program LAURENS ELECTRIC COOPERATIVE, INC 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.

LAURENS ELECTRIC COOPERATIVE, INC


Loan Amount	$3,264,300
BusinessName	LAURENS ELECTRIC COOPERATIVE, INC
Address	2254 HIGHWAY 14
City	LAURENS
State	SC
Zip	29360
NAICSCode	221119
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	142
DateApproved	04/27/2020
Lender	First-Citizens Bank & Trust Company
CD	SC-03
BusinessName.clean	LAURENS 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

LAURENZOS MANAGEMENT COMPANY
LAURICE EL BADRY RAHME LTD D B A
AMRES
LAURIER ENTERPRISES
LAURIOL PLAZA