PENASCO VALLEY TELEPHONE COOPERATIVE INC.

Summary of PPP (Paycheck Protection Program) Loan approved to PENASCO VALLEY TELEPHONE COOPERATIVE INC. by First American Bank. The loan was approved on 4/11/2020 in the range of $1-2 million.

Business Information

Name:	PENASCO VALLEY TELEPHONE COOPERATIVE INC. 4011 W MAIN ARTESIA, NM 88210
Business type:	Cooperative Telecommunications → Wired Telecommunications Carriers
Non-profit:	No
Loan amount:	$1-2 million (50 Jobs retained)
Date approved:	April 11, 2020
Lender	First American Bank

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.