PPP Loan information for Plains cotton cooperative association

$2,000,000

Plains cotton cooperative association was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/26/2021 by The Prosperity Bank reported 170 jobs and $2,000,000 was used to fund payroll.

Plains cotton cooperative association is Existing or more than 2 years old

PPP Loan Search / TX / Lubbock / Plains cotton cooperative association

PLAINS COTTON COOPERATIVE ASSOCIATION

Date Approved

03/26/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

PLAINS COTTON COOPERATIVE ASSOCIATION

Borrower Address

3301 E 50th St

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79404-4331

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lubbock

Project County Name

LUBBOCK

Project State

TX

Project Zip

79404-4331

CD

TX-19

Jobs Reported

170

NAICS Code

523130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2014136.99

Forgiveness Date

12/15/2021

;