NORRIS ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to NORRIS ELECTRIC COOPERATIVE by The Peoples State Bank of Newton, Illinois. The loan was approved on 5/18/2020 in the range of $1-2 million.

Business Information

Name:

NORRIS ELECTRIC COOPERATIVE

8543 N. STATE HIGHWAY 130
NEWTON, IL 62448
Business type: Cooperative
Utilities
→ Electric Power Distribution
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: May 18, 2020
Lender The Peoples State Bank of Newton, Illinois

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.