As part of the Paycheck Protection Program CHERRYLAND ELECTRIC COOPERATIVE 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.

CHERRYLAND ELECTRIC COOPERATIVE


Loan Amount	$1,301,000
BusinessName	CHERRYLAND ELECTRIC COOPERATIVE
Address	5930 US HIGHWAY 31
City	GRAWN
State	MI
Zip	49637
NAICSCode	221122
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	56
DateApproved	04/29/2020
Lender	PNC Bank, National Association
CD	MI-01
BusinessName.clean	CHERRYLAND 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

CHERRYROAD TECHNOLOGIES
CHERRYWOOD NURSING LIVING CENTER
CHERTOFF GROUP
CHERYL K
CHESAPEAKE ANESTHESIOLOGISTS