PPP Loan information for Continental divide electric coop inc

$1,241,636

Continental divide electric coop inc was initially approved for PPP Loan of amount $1,241,636, the current approved amount is $1,241,636. The loan was approved on 04/28/2020 by The TBK Bank, SSB reported 83 jobs and $1,241,636 was used to fund payroll.

Continental divide electric coop inc is Existing or more than 2 years old

CONTINENTAL DIVIDE ELECTRIC COOP INC

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CONTINENTAL DIVIDE ELECTRIC COOP INC

Borrower Address

200 HIGH ST

Borrower City

GRANTS

Borrower State

NM

Borrower Zip

87020-2452

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1241636.00

Current Approval Amount

1241636.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRANTS

Project County Name

CIBOLA

Project State

NM

Project Zip

87020-2452

CD

NM-02

Jobs Reported

83

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1241636.00

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

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1250327.45

Forgiveness Date

01/12/2021

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