Delta-Montrose Electric Association

$2,447,500 PPP Loan in Montrose, Colorado

Loan Details

Loan Number
6467337403
Date Approved
May 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,447,500
Current Approval
$2,447,500
Forgiveness Amount
$2,473,785
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Delta-Montrose Electric Association
Address
11925 6300 Road
ZIP Code
81401
Business Type
Cooperative
Industry (NAICS)
Utilities (221118)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$2,447,500

Lender Information

Servicing Lender
Alpine Bank
Originating Lender
Alpine Bank

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