PPP Loan information for Cottage cafe east inc

$550,337

Cottage cafe east inc was initially approved for PPP Loan of amount $550,337, the current approved amount is $550,337. The loan was approved on 03/13/2021 by The Calvin B. Taylor Banking Company reported 52 jobs and $550,337 was used to fund payroll.

Cottage cafe east inc is Existing or more than 2 years old

PPP Loan Search / DE / Bethany Beach / Cottage cafe east inc

COTTAGE CAFE EAST INC

Date Approved

03/13/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

COTTAGE CAFE EAST INC

Borrower Address

39817 Hickman Plaza Rd

Borrower City

Bethany Beach

Borrower State

DE

Borrower Zip

19930-3700

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

550336.50

Current Approval Amount

550336.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethany Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19930-3700

CD

DE-

Jobs Reported

52

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

550330.50

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

555176.45

Forgiveness Date

02/01/2022

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