PPP Loan information for San miguel power association

$1,503,280

San miguel power association was initially approved for PPP Loan of amount $1,503,280, the current approved amount is $1,503,280. The loan was approved on 05/11/2020 by The The Citizens State Bank of Ouray reported 57 jobs and $1,503,280 was used to fund payroll.

San miguel power association is Existing or more than 2 years old

SAN MIGUEL POWER ASSOCIATION

Date Approved

05/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SAN MIGUEL POWER ASSOCIATION

Borrower Address

170 W. 10th Ave

Borrower City

NUCLA

Borrower State

CO

Borrower Zip

81424-5038

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1503280.00

Current Approval Amount

1503280.00

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

NUCLA

Project County Name

MONTROSE

Project State

CO

Project Zip

81424-5038

CD

CO-03

Jobs Reported

57

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

187910.00

Payroll Proceed

1127460.00

Mortgage Interest Proceed

187910.00

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

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

1519589.56

Forgiveness Date

06/22/2021

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