PPP Loan information for Cocoons inc

$54,021

Cocoons inc was initially approved for PPP Loan of amount $54,021, the current approved amount is $54,021. The loan was approved on 01/27/2021 by The Kennebunk Savings Bank reported 7 jobs and $54,021 was used to fund payroll.

Cocoons inc is Existing or more than 2 years old

COCOONS INC

Date Approved

01/27/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

COCOONS INC

Borrower Address

35 Heath Rd

Borrower City

Kennebunk

Borrower State

ME

Borrower Zip

04043-7333

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54020.97

Current Approval Amount

54020.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kennebunk

Project County Name

YORK

Project State

ME

Project Zip

04043-7333

CD

ME-01

Jobs Reported

7

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54017.97

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54319.59

Forgiveness Date

08/20/2021

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