RICH MOUNTAIN ELECTRIC COOPERATIVE, INC

Summary of PPP (Paycheck Protection Program) Loan approved to RICH MOUNTAIN ELECTRIC COOPERATIVE, INC by The Union Bank of Mena. The loan was approved on 5/18/2020 in the range of $350,000-1 million.

Business Information

Name:

RICH MOUNTAIN ELECTRIC COOPERATIVE, INC

515 JANSSEN AVE
MENA, AR 71953
Business type: Non-Profit Organization
Utilities
→ Electric Power Distribution
Non-profit: Yes
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: May 18, 2020
Lender The Union Bank of Mena

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.