As part of the Paycheck Protection Program MOUNTAIN 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.

MOUNTAIN ELECTRIC COOPERATIVE


Loan Amount	$1,350,800
BusinessName	MOUNTAIN ELECTRIC COOPERATIVE
Address	604 S CHURCH ST
City	MOUNTAIN CITY
State	TN
Zip	37683
NAICSCode	221122
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	86
DateApproved	04/30/2020
Lender	First-Citizens Bank & Trust Company
CD	TN-01
BusinessName.clean	MOUNTAIN 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

MOUNTAIN EMERGENCY PHYSICIANS PA
MOUNTAIN EMPIRE ANIMAL HOSPITAL P
MOUNTAIN EMPIRE RADIOLOGY PC
MOUNTAIN ENERGY SERVICES
MOUNTAIN FAMILY HEALTH CENTERS