PPP Loan information for Cotton blues llc

$361,311

Cotton blues llc was initially approved for PPP Loan of amount $679,901, the current approved amount is $361,311. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 20 jobs and $361,311 was used to fund payroll.

Cotton blues llc is Existing or more than 2 years old

COTTON BLUES LLC

Date Approved

01/31/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

COTTON BLUES LLC

Borrower Address

6116 U S Highway 98

Borrower City

Hattiesburg

Borrower State

MS

Borrower Zip

39402-8530

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

32

SBA Guaranty Percentage

100

Initial Approval Amount

679901.00

Current Approval Amount

361311.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hattiesburg

Project County Name

LAMAR

Project State

MS

Project Zip

39402-8530

CD

MS-04

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

361308.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;