PPP Loan information for Cotton bayou marina inc

$1,040,543

Cotton bayou marina inc was initially approved for PPP Loan of amount $1,040,543, the current approved amount is $1,040,543. The loan was approved on 02/13/2021 by The Regions Bank reported 63 jobs and $1,040,543 was used to fund payroll.

Cotton bayou marina inc is Existing or more than 2 years old

PPP Loan Search / AL / Orange Beach / Cotton bayou marina inc

COTTON BAYOU MARINA INC

Date Approved

02/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

COTTON BAYOU MARINA INC

Borrower Address

27206 Safe Harbor Dr

Borrower City

Orange Beach

Borrower State

AL

Borrower Zip

36561-5502

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1040543.00

Current Approval Amount

1040543.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orange Beach

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-5502

CD

AL-01

Jobs Reported

63

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1040537.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1052744.44

Forgiveness Date

05/02/2022

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