# PPP loan: MOON LAKE ELECTRIC ASSOCIATION, INC
> **$1.86M** approved 04/15/2020 · Paid in Full · Loan `1632357204`
## Borrower
- **Name:** MOON LAKE ELECTRIC ASSOCIATION, INC
- **Address:** 800 W US Hwy 40, ROOSEVELT, UT, 84066
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.88M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.86M
- **Jobs reported:** 90
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*