As part of the Paycheck Protection Program WALCO ELECTRIC COMPANY 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.

WALCO ELECTRIC COMPANY


Loan Amount	$895,500
BusinessName	WALCO ELECTRIC COMPANY
Address	303 ALLENS AVE
City	PROVIDENCE
State	RI
Zip	2905
NAICSCode	335312
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	68
DateApproved	04/06/2020
Lender	The Washington Trust Company of Westerly
CD	RI-01
BusinessName.clean	WALCO ELECTRIC COMPANY

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

WALCO TOOL ENGINEERING
BEACON METALS
WALDBERG
BEACON OCCUPATIONAL HEALTH AND SAFETY SERVICES
WALDEMAR S NELSON AND COMPANY INCORPORATED