LAKE REGION ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to LAKE REGION ELECTRIC COOPERATIVE by CoBank ACB. The loan was approved on 6/09/2020 in the range of $1-2 million.

Business Information

Name:

LAKE REGION ELECTRIC COOPERATIVE

1401 S BROADWAY
PELICAN RAPIDS, MN 56572
Business type: Cooperative
Utilities
→ Electric Power Distribution
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: June 09, 2020
Lender CoBank ACB

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.