REDWOOD ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to REDWOOD ELECTRIC COOPERATIVE by Minnwest Bank. The loan was approved on 4/15/2020 in the range of $350,000-1 million.

Business Information

Name:

REDWOOD ELECTRIC COOPERATIVE

60 PINE ST
CLEMENTS, MN 56224
Business type: Cooperative
Utilities
→ Fossil Fuel Electric Power Generation
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 15, 2020
Lender Minnwest Bank

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.