PPP Loan information for Penasco valley telephone cooperative inc.

$1,250,800

Penasco valley telephone cooperative inc. was initially approved for PPP Loan of amount $1,250,800, the current approved amount is $1,250,800. The loan was approved on 04/11/2020 by The First American Bank reported 87 jobs and $1,250,800 was used to fund payroll.

Penasco valley telephone cooperative inc. is Existing or more than 2 years old

PPP Loan Search / NM / ARTESIA / Penasco valley telephone cooperative inc.

PENASCO VALLEY TELEPHONE COOPERATIVE INC.

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PENASCO VALLEY TELEPHONE COOPERATIVE INC.

Borrower Address

4011 W Main

Borrower City

ARTESIA

Borrower State

NM

Borrower Zip

88210

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250800.00

Current Approval Amount

1250800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARTESIA

Project County Name

EDDY

Project State

NM

Project Zip

88210-1001

CD

NM-03

Jobs Reported

87

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1250800.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1258582.76

Forgiveness Date

12/02/2020

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