Otero County Electric Cooperative Inc.
$1,272,900 PPP Loan in Cloudcroft, New Mexico
Loan Details
- Loan Number
- 5746897209
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,272,900
- Current Approval
- $1,272,900
- Forgiveness Amount
- $1,293,240
- Forgiveness Date
- May 10, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otero County Electric Cooperative Inc.
- Address
- 404 Burro Ave
- City
- Cloudcroft
- State
- New Mexico
- ZIP Code
- 88317-7706
- Business Type
- Corporation
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- N/A
- Rural/Urban
- Urban
- Congressional District
- NM-02
Loan Use Breakdown
- Payroll
- $1,272,900
Lender Information
- Servicing Lender
- First National Bank
- Originating Lender
- First National Bank
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