This loan was approved on 4/11/2020 and has been fully disbursed.
Navajo Tribal Utility Authority
Po Box 170 Fort Defiance, AZ 86504
Navajo Tribal Utility Authority is a Electric Power Distribution Non-Profit Organization located at Po Box 170 Fort Defiance, AZ 86504 with 500 employees.
The Navajo Tribal Utility Authority (NTUA) is a tribally owned, non-profit electric power distribution company based in Fort Defiance, Arizona. Established in 1959, NTUA is responsible for providing safe and reliable electricity throughout the 27 communities it serves on the Navajo Nation. With more than 500 employees and an annual operating budget of $210 million, NTUA plays an important role in keeping homes and businesses across the Navajo Nation illuminated and energized. At its core, NTUA has always been focused on enhancing energy efficiency while maintaining environmental stewardship. To do so, it has implemented strategic investment programs to reduce energy costs within its service territories while expanding infrastructure services to new areas of growth within the region. In addition to traditional utility services such as power line maintenance and substation construction projects, NTUA also offers renewable energy solutions such as solar installation initiatives that have helped bring renewable sources into homes across reservation land. NTUA's commitment to quality customer service doesn't end there; they offer comprehensive billing support that includes online payments processes along with easy access account management options via their website or mobile app. Additionally they provide a 24-hour emergency response team that ensures fast response time when issues arise with customers’ electrical needs – no matter how small or large scale their project might be. As a community leader for over 60 years now, NTUA remains dedicated to meeting the needs of its customers through reliable delivery of sustainable energy solutions at competitive prices - all working towards securing a brighter future for generations yet come on The Navajo Nation lands
During round 1 of the paycheck protection program, Navajo Tribal Utility Authority requested a PPP loan for $10,000,000.00. They were approved on 4/11/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Great Western Bank. Of the approved amount, Navajo Tribal Utility Authority has received 100% of the approved amount.
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