As part of the Paycheck Protection Program APPALACHIAN ELECTRIC COOPERTIVE 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.

APPALACHIAN ELECTRIC COOPERTIVE


Loan Amount	$2,659,730
BusinessName	APPALACHIAN ELECTRIC COOPERTIVE
Address	1109 Hill Drive
City	New Market
State	TN
Zip	37820
NAICSCode	221122
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	109
DateApproved	04/15/2020
Lender	FirstBank
CD	TN-02
BusinessName.clean	APPALACHIAN ELECTRIC COOPERTIVE

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.

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