As part of the Paycheck Protection Program WELLS RURAL 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.

WELLS RURAL ELECTRIC COMPANY


Loan Amount	$892,300
BusinessName	WELLS RURAL ELECTRIC COMPANY
Address	1451 Humbolt Ave
City	WELLS
State	NV
Zip	89835
NAICSCode	221122
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	49
DateApproved	04/08/2020
Lender	Zions Bank, A Division of
CD	NV-02
BusinessName.clean	WELLS RURAL 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

WELLS SOLAR ELECTRICAL SERVICES
WELLSITE FISHING RENTAL SERVICES
WELLSPACE HEALTH
WELLSPRING FAMILY SERVICES
WELLSPRING FOUNDATION