MARSHALL DEKALB ELETRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to MARSHALL DEKALB ELETRIC COOPERATIVE by Peoples Independent Bank. The loan was approved on 4/16/2020 in the range of $1-2 million.

Business Information

Name:	MARSHALL DEKALB ELETRIC COOPERATIVE 10025 AL HIGHWAY 168 BOAZ, AL 35957
Business type:	Cooperative Utilities → Electric Power Distribution
Non-profit:	No
Loan amount:	$1-2 million (50 Jobs retained)
Date approved:	April 16, 2020
Lender	Peoples Independent Bank

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.