As part of the Paycheck Protection Program VICTORIA 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.

VICTORIA ELECTRIC COOPERATIVE INC


Loan Amount	$1,411,000
BusinessName	VICTORIA ELECTRIC COOPERATIVE INC
Address	5502 US HIGHWAY 59
City	VICTORIA
State	TX
Zip	77905
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	76
DateApproved	05/21/2020
Lender	The First State Bank
CD	TX-27
BusinessName.clean	VICTORIA 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

BCP SYSTEMS
VICTORIA MAC HAIK FORD LTD
BCP TECHNICAL SERVICES
BCP TRANSPORTATION
VICTORIA NURSING AND REHABILITATION