As part of the Paycheck Protection Program CHOCTAW 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.

CHOCTAW ELECTRIC COOPERATIVE, INC


Loan Amount	$1,475,500
BusinessName	CHOCTAW ELECTRIC COOPERATIVE, INC
Address	PO BOX 758
City	HUGO
State	OK
Zip	74743
NAICSCode	221122
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	67
DateApproved	06/17/2020
Lender	First United Bank and Trust Company
CD	OK-02
BusinessName.clean	CHOCTAW 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

CHOCTAW REGIONAL MEDICAL CENTER
CHOICE AVIATION SERVICES
CHOICE BOOKS OF NORTERN VIRGINIA
CHOICE ENERGY SERVICES RETAIL
CHOICE FABRICATORS