# PPP loan: YAMPA VALLEY ELECTRIC ASSOCIATION
> **$1.63M** approved 06/02/2020 · Paid in Full · Loan `6694017804`
## Borrower
- **Name:** YAMPA VALLEY ELECTRIC ASSOCIATION
- **Address:** 2211 ELK RIVER RD, STEAMBOAT SPRINGS, CO, 80487-5076
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $407K
- **Jobs reported:** 74
## Lender
- **Originating:** Yampa Valley Bank
- **Servicing:** Yampa Valley Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*