PPP Loan information for Delta-montrose electric association

$2,447,500

Delta-montrose electric association was initially approved for PPP Loan of amount $2,447,500, the current approved amount is $2,447,500. The loan was approved on 05/14/2020 by The Alpine Bank reported 118 jobs and $2,447,500 was used to fund payroll.

Delta-montrose electric association is Existing or more than 2 years old

PPP Loan Search / CO / MONTROSE / Delta-montrose electric association

DELTA-MONTROSE ELECTRIC ASSOCIATION

Date Approved

05/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

DELTA-MONTROSE ELECTRIC ASSOCIATION

Borrower Address

11925 6300 Road

Borrower City

MONTROSE

Borrower State

CO

Borrower Zip

81401

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2447500.00

Current Approval Amount

2447500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15517

Servicing Lender Name

Alpine Bank

Servicing Lender Address

2200 Grand Ave

Servicing Lender City

GLENWOOD SPRINGS

Servicing Lender State

CO

Servicing Lender Zip

81601-4120

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-3000

CD

CO-03

Jobs Reported

118

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2447500.00

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

Cooperative

Originating Lender Location Id

15517

Originating Lender

Alpine Bank

Originating Lender City

GLENWOOD SPRINGS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2473785.48

Forgiveness Date

06/14/2021

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