PPP Loan information for Cottontail studios llc

$50,800

Cottontail studios llc was initially approved for PPP Loan of amount $50,800, the current approved amount is $50,800. The loan was approved on 04/10/2020 by The Farmers & Merchants Bank reported 6 jobs and $50,800 was used to fund payroll.

Cottontail studios llc is Existing or more than 2 years old

PPP Loan Search / VA / STAUNTON / Cottontail studios llc

COTTONTAIL STUDIOS LLC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COTTONTAIL STUDIOS LLC

Borrower Address

812 Springhill Rd

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-2286

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50800.00

Current Approval Amount

50800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-2286

CD

VA-06

Jobs Reported

6

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50800.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45114.84

Forgiveness Date

12/28/2020

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