PPP Loan information for Cottonwood farms inc

$39,000

Cottonwood farms inc was initially approved for PPP Loan of amount $39,000, the current approved amount is $39,000. The loan was approved on 02/09/2021 by The Dacotah Bank reported 12 jobs and $39,000 was used to fund payroll.

Cottonwood farms inc is Existing or more than 2 years old

COTTONWOOD FARMS INC

Date Approved

02/09/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

COTTONWOOD FARMS INC

Borrower Address

10858 365th Ave

Borrower City

Leola

Borrower State

SD

Borrower Zip

57456-6405

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39000.00

Current Approval Amount

39000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leola

Project County Name

MCPHERSON

Project State

SD

Project Zip

57456-6405

CD

SD-

Jobs Reported

12

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38998.00

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

Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39242.67

Forgiveness Date

09/22/2021

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