POWELL VALLEY ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to POWELL VALLEY ELECTRIC COOPERATIVE by Readycap Lending, LLC. The loan was approved on 4/15/2020 in the range of $1-2 million.

Business Information

Name:	POWELL VALLEY ELECTRIC COOPERATIVE 420 STRAIGHT CREEK ROAD NEW TAZEWELL, TN 37825
Business type:	Sole Proprietorship Executive, Legislative, and Other General Government Support → Legislative Bodies
Non-profit:	No
Loan amount:	$1-2 million (50 Jobs retained)
Date approved:	April 15, 2020
Lender	Readycap Lending, LLC

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.