# PPP loan: HIGHLINE ELECTRIC ASSOCIATION
> **$1.49M** approved 05/14/2020 · Paid in Full · Loan `6296627401`
## Borrower
- **Name:** HIGHLINE ELECTRIC ASSOCIATION
- **Address:** 1300 South INTEROCEAN AVE, HOLYOKE, CO, 80734-2100
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Health care:** $140K
- **Jobs reported:** 54
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*