TALLAPOOSA RIVER ELECTRIC COOPERATIVE INC.

Summary of PPP (Paycheck Protection Program) Loan approved to TALLAPOOSA RIVER ELECTRIC COOPERATIVE INC. by Farmers and Merchants Bank. The loan was approved on 5/21/2020 in the range of $1-2 million.

Business Information

Name:	TALLAPOOSA RIVER ELECTRIC COOPERATIVE INC. 15163 US HIGHWAY 431 S LAFAYETTE, AL 36862
Business type:	Cooperative Utilities → Electric Power Distribution
Non-profit:	No
Loan amount:	$1-2 million (50 Jobs retained)
Date approved:	May 21, 2020
Lender	Farmers and Merchants 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.