ARAB ELECTRIC COOPERATIVE, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to ARAB ELECTRIC COOPERATIVE, INC. by Citizens Bank & Trust. The loan was approved on 4/16/2020 in the range of $350,000-1 million.

Business Information

Name:	ARAB ELECTRIC COOPERATIVE, INC. 331 S BRINDLEE MTN PKWAY ARAB, AL 35016
Business type:	Non-Profit Organization Utilities → Electric Power Distribution
Non-profit:	Yes
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 16, 2020
Lender	Citizens Bank & Trust

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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.