RACCOON VALLEY ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to RACCOON VALLEY ELECTRIC COOPERATIVE by United Bank of Iowa. The loan was approved on 4/30/2020 in the range of $150,000-350,000.

Business Information

Name:

RACCOON VALLEY ELECTRIC COOPERATIVE

28725 HIGHWAY 30
GLIDDEN, IA 51443
Business type: Cooperative
Utilities
→ Electric Power Distribution
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 30, 2020
Lender United Bank of Iowa

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.