PPP Loan information for Cottonwood springs dairy

$458,900

Cottonwood springs dairy was initially approved for PPP Loan of amount $458,900, the current approved amount is $458,900. The loan was approved on 04/08/2020 by The First American Bank reported 38 jobs and $458,900 was used to fund payroll.

Cottonwood springs dairy is Existing or more than 2 years old

PPP Loan Search / NM / LAKE ARTHUR / Cottonwood springs dairy

COTTONWOOD SPRINGS DAIRY

Date Approved

04/08/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

COTTONWOOD SPRINGS DAIRY

Borrower Address

491 W JAMES FUNK RD

Borrower City

LAKE ARTHUR

Borrower State

NM

Borrower Zip

88253-9755

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

458900.00

Current Approval Amount

458900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ARTHUR

Project County Name

CHAVES

Project State

NM

Project Zip

88253-9755

CD

NM-03

Jobs Reported

38

NAICS Code

112120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

458900.00

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

Partnership

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

462689.66

Forgiveness Date

02/10/2021

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