As part of the Paycheck Protection Program COASTAL 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.

COASTAL ELECTRIC COOPERATIVE, INC


Loan Amount	$1,055,000
BusinessName	COASTAL ELECTRIC COOPERATIVE, INC
Address	2269 Jeffries Hwy
City	WALTERBORO
State	SC
Zip	29488
NAICSCode	221122
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	40
DateApproved	04/06/2020
Lender	Enterprise Bank of South Carolina
CD	SC-06
BusinessName.clean	COASTAL 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

COASTAL EMPLOYMENT AGENCY
COASTAL ENTERPRISES
COASTAL EYE ASSOCIATES PL L C
COASTAL FAMILY HEALTH CENTER
COASTAL GEORGIA AREA COMMUNITY ACTION AUTHORITY