PPP Loan information for Cottage senior living inc

$207,375

Cottage senior living inc was initially approved for PPP Loan of amount $207,375, the current approved amount is $207,375. The loan was approved on 04/01/2021 by The Loan Source Incorporated reported 29 jobs and $207,375 was used to fund payroll.

Cottage senior living inc is Existing or more than 2 years old

COTTAGE SENIOR LIVING INC

Date Approved

04/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

COTTAGE SENIOR LIVING INC

Borrower Address

2820 15th Ave SW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35805-4610

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207375.00

Current Approval Amount

207375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35805-4610

CD

AL-05

Jobs Reported

29

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

207371.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209960.09

Forgiveness Date

07/07/2022

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