Southeast Colorado Power Association

$1,043,454 PPP Loan in La Junta, Colorado

Loan Details

Loan Number
7394067201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,043,454
Current Approval
$1,043,454
Forgiveness Amount
$1,054,460
Forgiveness Date
May 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southeast Colorado Power Association
Address
27850 Harris Rd
ZIP Code
81050-9511
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$730,482
Rent
$12,000
Utilities
$191,163
Health Care
$108,969
Debt Interest
$840

Lender Information

Servicing Lender
First National Bank Colorado
Originating Lender
First National Bank Colorado

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