PPP Loan information for Cottonwood montessori school

$140,000

Cottonwood montessori school was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 03/31/2021 by The Bank of America, National Association reported 18 jobs and $140,000 was used to fund payroll.

Cottonwood montessori school is Existing or more than 2 years old

COTTONWOOD MONTESSORI SCHOOL

Date Approved

03/31/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

COTTONWOOD MONTESSORI SCHOOL

Borrower Address

3896 Corrales Rd

Borrower City

Corrales

Borrower State

NM

Borrower Zip

87048-9302

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corrales

Project County Name

SANDOVAL

Project State

NM

Project Zip

87048-9302

CD

NM-01

Jobs Reported

18

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140000.00

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

Professional Association

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140786.30

Forgiveness Date

10/25/2021

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