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San Miguel Power Association

$1,503,280 PPP Loan in Nucla, Colorado

Loan Details

Loan Number
4916787406
Date Approved
May 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,503,280
Current Approval
$1,503,280
Forgiveness Amount
$1,519,590
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
San Miguel Power Association
Address
170 W. 10th Ave
City
Nucla
State
Colorado
ZIP Code
81424-5038
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$1,127,460
Utilities
$187,910
Mortgage Interest
$187,910

Lender Information

Servicing Lender
The Citizens State Bank of Ouray
Originating Lender
The Citizens State Bank of Ouray

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