# PPP loan: MORA SAN MIGUEL ELECTRIC COOPERATIVE, INC.
> **$396K** approved 04/30/2020 · Paid in Full · Loan `7383977306`
## Borrower
- **Name:** MORA SAN MIGUEL ELECTRIC COOPERATIVE, INC.
- **Address:** 240 PO BOX, MORA, NM, 87732-0240
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 27
## Lender
- **Originating:** Community 1st Bank Las Vegas
- **Servicing:** Community 1st Bank Las Vegas (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*