As part of the Paycheck Protection Program ROANOKE ELECTRIC MEMBERSHIP CORPORATION 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.

ROANOKE ELECTRIC MEMBERSHIP CORPORATION


Loan Amount	$961,416
BusinessName	ROANOKE ELECTRIC MEMBERSHIP CORPORATION
Address	581 NC HIGHWAY 561
City	AULANDER
State	NC
Zip	27805
NAICSCode	221122
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	67
DateApproved	04/13/2020
Lender	Southern Bank and Trust Company
CD	NC-01
BusinessName.clean	ROANOKE ELECTRIC MEMBERSHIP

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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