PPP Loan information for Cottages, llc

$394,800

Cottages, llc was initially approved for PPP Loan of amount $394,800, the current approved amount is $394,800. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 50 jobs and $394,800 was used to fund payroll.

Cottages, llc is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Cottages, llc

COTTAGES, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COTTAGES, LLC

Borrower Address

1845 AUSTIN RD

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4611

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394800.00

Current Approval Amount

394800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4611

CD

MN-01

Jobs Reported

50

NAICS Code

623990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

39480.00

Payroll Proceed

315840.00

Mortgage Interest Proceed

39480.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

397223.63

Forgiveness Date

11/17/2020

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