PPP Loan information for Cottage cafe inc

$612,240

Cottage cafe inc was initially approved for PPP Loan of amount $612,240, the current approved amount is $612,240. The loan was approved on 01/21/2021 by The Calvin B. Taylor Banking Company reported 101 jobs and $612,240 was used to fund payroll.

Cottage cafe inc is Existing or more than 2 years old

COTTAGE CAFE INC

Date Approved

01/21/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

COTTAGE CAFE INC

Borrower Address

33034 Coastal Hwy

Borrower City

Bethany Beach

Borrower State

DE

Borrower Zip

19930-3754

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

612240.27

Current Approval Amount

612240.27

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

19930-3754

CD

DE-

Jobs Reported

101

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

612234.27

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

618245.26

Forgiveness Date

01/31/2022

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