SOUTH ALABAMA ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to SOUTH ALABAMA ELECTRIC COOPERATIVE by Troy Bank & Trust Company. The loan was approved on 4/15/2020 in the range of $1-2 million.

Business Information

Name:	SOUTH ALABAMA ELECTRIC COOPERATIVE 13192 US HIGHWAY 231 TROY, AL 36081
Business type:	Cooperative Utilities → Electric Bulk Power Transmission and Control
Non-profit:	No
Loan amount:	$1-2 million (50 Jobs retained)
Date approved:	April 15, 2020
Lender	Troy Bank & Trust Company

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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.