PPP Loan information for Cottage senior living, inc

$292,000

Cottage senior living, inc was initially approved for PPP Loan of amount $292,000, the current approved amount is $292,000. The loan was approved on 04/27/2020 by The CB&S Bank reported 29 jobs and $292,000 was used to fund payroll.

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

PPP Loan Search / AL / HUNTSVILLE / Cottage senior living, inc

COTTAGE SENIOR LIVING, INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COTTAGE SENIOR LIVING, INC

Borrower Address

2820 15th Avenue SW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35805-4610

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292000.00

Current Approval Amount

292000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

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

18744.00

Payroll Proceed

248256.00

Mortgage Interest Proceed

19000.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

296023.11

Forgiveness Date

09/10/2021

;