PPP Loan information for Coffee county gin co., inc

$307,472

Coffee county gin co., inc was initially approved for PPP Loan of amount $307,472, the current approved amount is $307,472. The loan was approved on 04/27/2020 by The First National Bank of Coffee County reported 35 jobs and $307,472 was used to fund payroll.

Coffee county gin co., inc is Existing or more than 2 years old

COFFEE COUNTY GIN CO., INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

COFFEE COUNTY GIN CO., INC

Borrower Address

500 COTTON GIN RD

Borrower City

DOUGLAS

Borrower State

GA

Borrower Zip

31535

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307472.00

Current Approval Amount

307472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117436

Servicing Lender Name

First National Bank of Coffee County

Servicing Lender Address

420 S Madison Ave

Servicing Lender City

DOUGLAS

Servicing Lender State

GA

Servicing Lender Zip

31533-5324

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOUGLAS

Project County Name

COFFEE

Project State

GA

Project Zip

31535-1000

CD

GA-08

Jobs Reported

35

NAICS Code

115111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

245977.60

Mortgage Interest Proceed

20000.00

Rent Proceed

21494.40

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117436

Originating Lender

First National Bank of Coffee County

Originating Lender City

DOUGLAS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309120.39

Forgiveness Date

11/12/2020

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