# PPP loan: SOUTHEAST COLORADO POWER ASSOCIATION
> **$1.04M** approved 04/28/2020 · Paid in Full · Loan `7394067201`
## Borrower
- **Name:** SOUTHEAST COLORADO POWER ASSOCIATION
- **Address:** 27850 HARRIS RD, LA JUNTA, CO, 81050-9511
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Rent:** $12K
- **Utilities:** $191K
- **Health care:** $109K
- **Debt interest:** $840
- **Jobs reported:** 48
## Lender
- **Originating:** First National Bank Colorado
- **Servicing:** First National Bank Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*