# PPP loan: COLORADO VALLEY TELEPHONE COOPERATIVE INC.
> **$1.00M** approved 04/18/2021 · Paid in Full · Loan `5877378801`
## Borrower
- **Name:** COLORADO VALLEY TELEPHONE COOPERATIVE INC.
- **Address:** 4915 S US Highway 77, La Grange, TX, 78945-5932
- **NAICS:** 517311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.00M (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 50
## Lender
- **Originating:** National Bank & Trust
- **Servicing:** National Bank & Trust (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*