SOMERSET RURAL ELECTRIC COOPERATIVE INC

Summary of PPP (Paycheck Protection Program) Loan approved to SOMERSET RURAL ELECTRIC COOPERATIVE INC by Somerset Trust Company. The loan was approved on 5/22/2020 in the range of $350,000-1 million.

Business Information

Name:	SOMERSET RURAL ELECTRIC COOPERATIVE INC 223 INDUSTRIAL PARK ROAD SOMERSET, PA 15501
Business type:	Non-Profit Organization Utilities → Electric Power Distribution
Non-profit:	Yes
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	May 22, 2020
Lender	Somerset Trust Company

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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.