PPP Loan information for Cottonwood, inc

$2,000,000

Cottonwood, inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/14/2020 by The INTRUST Bank, National Association reported 244 jobs and $2,000,000 was used to fund payroll.

Cottonwood, inc is Existing or more than 2 years old

COTTONWOOD, INC

Date Approved

04/14/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

COTTONWOOD, INC

Borrower Address

2801 W 31ST ST

Borrower City

LAWRENCE

Borrower State

KS

Borrower Zip

66047-3049

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26663

Servicing Lender Name

INTRUST Bank, National Association

Servicing Lender Address

105 N Main St

Servicing Lender City

WICHITA

Servicing Lender State

KS

Servicing Lender Zip

67202-1412

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

DOUGLAS

Project State

KS

Project Zip

66047-3049

CD

KS-01

Jobs Reported

244

NAICS Code

813219

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Non-Profit Organization

Originating Lender Location Id

26663

Originating Lender

INTRUST Bank, National Association

Originating Lender City

WICHITA

Originating Lender State

KS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

2027555.56

Forgiveness Date

09/02/2021

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