PPP Loan information for La plata electric association inc.

$1,960,788

La plata electric association inc. was initially approved for PPP Loan of amount $1,960,788, the current approved amount is $1,960,788. The loan was approved on 05/15/2020 by The The Citizens State Bank of Ouray reported 105 jobs and $1,960,788 was used to fund payroll.

La plata electric association inc. is Existing or more than 2 years old

LA PLATA ELECTRIC ASSOCIATION INC.

Date Approved

05/15/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LA PLATA ELECTRIC ASSOCIATION INC.

Borrower Address

45 STEWART ST. PO BOX 2750

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81303-7915

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1960787.50

Current Approval Amount

1960787.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15674

Servicing Lender Name

The Citizens State Bank of Ouray

Servicing Lender Address

600 Main St

Servicing Lender City

OURAY

Servicing Lender State

CO

Servicing Lender Zip

81427

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81303-7915

CD

CO-03

Jobs Reported

105

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1960787.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15674

Originating Lender

The Citizens State Bank of Ouray

Originating Lender City

OURAY

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1978622.61

Forgiveness Date

04/20/2021

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