As part of the Paycheck Protection Program SHELBY 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.

SHELBY ELECTRIC COOPERATIVE


Loan Amount	$1,198,976
BusinessName	SHELBY ELECTRIC COOPERATIVE
Address	1355 STATE HIGHWAY 128
City	SHELBYVILLE
State	IL
Zip	62565
NAICSCode	221122
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	49
DateApproved	05/18/2020
Lender	CoBank ACB
CD	IL-15
BusinessName.clean	SHELBY 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

SHELBY ENERGY COOPERATIVE
SHELBY ERECTORS
SHELBY PERSONNEL SERVICES UNLIMITED
SHELBY RIDGE ACQUISITION
SHELBY TRANSPORT