PPP Loan information for Cola inc

$1,230,332

Cola inc was initially approved for PPP Loan of amount $1,240,332, the current approved amount is $1,230,332. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 83 jobs and $1,230,332 was used to fund payroll.

Cola inc is New Business or 2 years or less

COLA INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

COLA INC

Borrower Address

9881 Broken Land Pkwy Ste 200

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21046

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1240332.00

Current Approval Amount

1230332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1000

CD

MD-03

Jobs Reported

83

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1230332.00

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

Professional Association

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1241792.63

Forgiveness Date

04/08/2021

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