PPP Loan information for Highline electric association

$1,494,400

Highline electric association was initially approved for PPP Loan of amount $1,494,400, the current approved amount is $1,494,400. The loan was approved on 05/14/2020 by The Bank of Colorado reported 54 jobs and $1,494,400 was used to fund payroll.

Highline electric association is Existing or more than 2 years old

HIGHLINE ELECTRIC ASSOCIATION

Date Approved

05/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

HIGHLINE ELECTRIC ASSOCIATION

Borrower Address

1300 South INTEROCEAN AVE

Borrower City

HOLYOKE

Borrower State

CO

Borrower Zip

80734-2100

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1494400.00

Current Approval Amount

1494400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLYOKE

Project County Name

PHILLIPS

Project State

CO

Project Zip

80734-2100

CD

CO-04

Jobs Reported

54

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1354400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

140000.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1510547.82

Forgiveness Date

06/15/2021

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