Penasco Valley Telephone Cooperative Inc.

$1,250,800 PPP Loan in Artesia, New Mexico

Loan Details

Loan Number
3200067108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,250,800
Current Approval
$1,250,800
Forgiveness Amount
$1,258,583
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Penasco Valley Telephone Cooperative Inc.
Address
4011 W Main
ZIP Code
88210
Business Type
Cooperative
Industry (NAICS)
Information (517311)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$14.6M
Rural/Urban
Urban
Congressional District
NM-03

Loan Use Breakdown

Payroll
$1,250,800

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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