# PPP loan: GRAND VALLEY RURAL POWER LINES, INC.
> **$1.06M** approved 05/11/2020 · Paid in Full · Loan `4912787409`
## Borrower
- **Name:** GRAND VALLEY RURAL POWER LINES, INC.
- **Address:** 845 22 Rd. PO Box 190, GRAND JUNCTION, CO, 81502-0190
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 48
## Lender
- **Originating:** The Citizens State Bank of Ouray
- **Servicing:** The Citizens State Bank of Ouray (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*