As part of the Paycheck Protection Program PEA RIVER 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.

PEA RIVER ELECTRIC COOPERATIVE


Loan Amount	$1,524,905
BusinessName	PEA RIVER ELECTRIC COOPERATIVE
Address	PO BOX 969
City	OZARK
State	AL
Zip	36361
NAICSCode	221118
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	65
DateApproved	04/28/2020
Lender	PeoplesSouth Bank
CD	AL-02
BusinessName.clean	PEA RIVER 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

PEABODY ARNOLD L
PEABODY CHARTER SCHOOL
PEABODY ESSEX MUSEUM
PEABODY MOTOR SPORTS
PEABODY PROPERTIES