PPP Loan information for Cottonwood inn inc.

$385,900

Cottonwood inn inc. was initially approved for PPP Loan of amount $385,900, the current approved amount is $385,900. The loan was approved on 04/05/2020 by The Bank of Colorado reported 54 jobs and $385,900 was used to fund payroll.

Cottonwood inn inc. is Existing or more than 2 years old

PPP Loan Search / CO / DURANGO / Cottonwood inn inc.

COTTONWOOD INN INC.

Date Approved

04/05/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

COTTONWOOD INN INC.

Borrower Address

450 Prospector Ave

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81301-7940

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385900.00

Current Approval Amount

385900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81301-7940

CD

CO-03

Jobs Reported

54

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19613.00

Payroll Proceed

343987.00

Mortgage Interest Proceed

22300.00

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

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389512.45

Forgiveness Date

03/18/2021

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