As part of the Paycheck Protection Program BROAD 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.

BROAD RIVER ELECTRIC COOPERATIVE, INC


Loan Amount	$1,000,000
BusinessName	BROAD RIVER ELECTRIC COOPERATIVE, INC
Address	811 HAMRICK ST
City	GAFFNEY
State	SC
Zip	29340
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	50
DateApproved	05/19/2020
Lender	First National Bank of Pennsylvania
CD	SC-05
BusinessName.clean	BROAD 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.

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