PPP Loan information for Cottage industry

$88,962

Cottage industry was initially approved for PPP Loan of amount $88,962, the current approved amount is $88,962. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 25 jobs and $88,962 was used to fund payroll.

Cottage industry is Existing or more than 2 years old

COTTAGE INDUSTRY

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COTTAGE INDUSTRY

Borrower Address

214 Southside Circle

Borrower City

DOWNINGTOWN

Borrower State

PA

Borrower Zip

19335

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88962.00

Current Approval Amount

88962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNINGTOWN

Project County Name

CHESTER

Project State

PA

Project Zip

19335-0001

CD

PA-06

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

66000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2962

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90041.73

Forgiveness Date

07/09/2021

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