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

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.