As part of the Paycheck Protection Program OTERO COUNTY ELECTRIC COOPERATIVE INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

OTERO COUNTY ELECTRIC COOPERATIVE INC


Loan Amount	$1,272,900
BusinessName	OTERO COUNTY ELECTRIC COOPERATIVE INC
Address	404 BURRO AVE
City	CLOUDCROFT
State	NM
Zip	88317
NAICSCode	221122
BusinessType	Corporation
RaceEthnicity	White
Gender	Female Owned
Veteran	Non-Veteran
NonProfit
JobsReported	65
DateApproved	04/27/2020
Lender	First National Bank
CD	NM-02
BusinessName.clean	OTERO COUNTY ELECTRIC COOPERATIVE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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