As part of the Paycheck Protection Program NORTH ALABAMA 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.

NORTH ALABAMA ELECTRIC COOPERATIVE


Loan Amount	$887,710
BusinessName	NORTH ALABAMA ELECTRIC COOPERATIVE
Address	41103 HWY 72
City	STEVENSON
State	AL
Zip	35772
NAICSCode	221122
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	53
DateApproved	04/30/2020
Lender	First Jackson Bank
CD	AL-05
BusinessName.clean	NORTH ALABAMA 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

NORTH ALABAMA FABRICATING CO
AQUATIC SALES SOLUTIONS
NORTH AMERICA CENTRAL SCHOOL BUS INTERMEDIATE HOLDING CO LL
NORTH AMERICA FIRE EQUIPMENT COMPANY
NORTH AMERICA INTERCONNECT LL C