As part of the Paycheck Protection Program BLACK RIVER 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.

BLACK RIVER ELECTRIC COOPERATIVE, INC


Loan Amount	$1,413,500
BusinessName	BLACK RIVER ELECTRIC COOPERATIVE, INC
Address	1121 N Pike Rd. W.
City	SUMTER
State	SC
Zip	29151
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	70
DateApproved	04/08/2020
Lender	First-Citizens Bank & Trust Company
CD	SC-06
BusinessName.clean	BLACK RIVER 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

BLACK RIVER MEMORIAL HOSPITAL
BLACK RIVER SYSTEMS COMPANY
BLACK ROCK COFFEE HOLDINGS
BLACK ROCK ENTERPRISES
BLACK ROCK MINE SERVICE