PPP Loan information for Cotton bay llc

$20,598

Cotton bay llc was initially approved for PPP Loan of amount $20,598, the current approved amount is $20,598. The loan was approved on 03/09/2021 by The Mercantile Bank reported 6 jobs and $20,598 was used to fund payroll.

Cotton bay llc is Existing or more than 2 years old

COTTON BAY LLC

Date Approved

03/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COTTON BAY LLC

Borrower Address

8 E 8th St

Borrower City

Holland

Borrower State

MI

Borrower Zip

49423-3502

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20597.50

Current Approval Amount

20597.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holland

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-3502

CD

MI-04

Jobs Reported

6

NAICS Code

448120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20594.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20755.51

Forgiveness Date

12/16/2021

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