As part of the Paycheck Protection Program VERENDRYE ELECTRIC COOPERATIVE, INC 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.

VERENDRYE ELECTRIC COOPERATIVE, INC


Loan Amount	$1,686,200
BusinessName	VERENDRYE ELECTRIC COOPERATIVE, INC
Address	615 Highway 52 W
City	VELVA
State	ND
Zip	58790
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	65
DateApproved	04/07/2020
Lender	First Western Bank & Trust
CD	ND-
BusinessName.clean	VERENDRYE 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

VERGE MOBILE
VERGE SOLUTIONS
VERGENT LMS
VERGITH CONTRACTING CO
VERHALEN