As part of the Paycheck Protection Program OKLAHOMA 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.

OKLAHOMA ELECTRIC COOPERATIVE


Loan Amount	$3,639,700
BusinessName	OKLAHOMA ELECTRIC COOPERATIVE
Address	242 24th Ave NW
City	NORMAN
State	OK
Zip	73069
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	170
DateApproved	04/06/2020
Lender	Armstrong Bank
CD	OK-04
BusinessName.clean	OKLAHOMA 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

OKLAHOMA FARM BUREAU MUTUAL INSURANCE CO
OKLAHOMA HEALTHCARE SERVICES
OKLAHOMA METHODIST MANOR
OKLAHOMA ROOFING SHEET METAL
OKLAHOMA SPINE HOSPITAL