# PPP loan: CONTINENTAL DIVIDE ELECTRIC COOP INC
> **$1.24M** approved 04/28/2020 · Paid in Full · Loan `1768887307`
## Borrower
- **Name:** CONTINENTAL DIVIDE ELECTRIC COOP INC
- **Address:** 200 HIGH ST, GRANTS, NM, 87020-2452
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 83
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*