As part of the Paycheck Protection Program VERMONT 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.

VERMONT ELECTRIC COOPERATIVE, INC


Loan Amount	$2,588,600
BusinessName	VERMONT ELECTRIC COOPERATIVE, INC
Address	42 WESCOM RD
City	JOHNSON
State	VT
Zip	5656
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	106
DateApproved	04/06/2020
Lender	People's United Bank, National Association
CD	VT-
BusinessName.clean	VERMONT 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

VERMONT ENERGY INVESTMENT
VERMONT HEALTHCARE CENTER
VERMONT LAW SCHOOL
VERMONT LEGAL AID
VERMONT MAPLE SUGAR COMPANY