# PPP loan: CENTRAL NEW MEXICO ELECTRIC COOPERATIVE, INC.
> **$973K** approved 06/01/2020 · Paid in Full · Loan `6284147805`
## Borrower
- **Name:** CENTRAL NEW MEXICO ELECTRIC COOPERATIVE, INC.
- **Address:** 301 NORTH SUMMITT, MOUNTAINAIR, NM, 87036-0157
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $973K
- **Initial approval:** $973K
- **Forgiven:** $979K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $973K
- **Jobs reported:** 66
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*