As part of the Paycheck Protection Program PENASCO VALLEY TELEPHONE 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.

PENASCO VALLEY TELEPHONE COOPERATIVE INC


Loan Amount	$1,250,800
BusinessName	PENASCO VALLEY TELEPHONE COOPERATIVE INC
Address	4011 W Main
City	ARTESIA
State	NM
Zip	88210
NAICSCode	517311
BusinessType	Cooperative
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	87
DateApproved	04/11/2020
Lender	First American Bank
CD	NM-02
BusinessName.clean	PENASCO VALLEY TELEPHONE 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.

Other Organizations with PPP Loans

PENAVA MECHNICAL CORP
PENBAR
PENCCO
PENCEKELLY CONSTRUCTION
PENCHECKS