PPP Loan information for Plains cotton cooperative association

$2,650,500

Plains cotton cooperative association was initially approved for PPP Loan of amount $2,650,500, the current approved amount is $2,650,500. The loan was approved on 04/29/2020 by The Prosperity Bank reported 177 jobs and $2,650,500 was used to fund payroll.

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

PLAINS COTTON COOPERATIVE ASSOCIATION

Date Approved

04/29/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PLAINS COTTON COOPERATIVE ASSOCIATION

Borrower Address

3301 East 50th

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79404-4331

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2650500.00

Current Approval Amount

2650500.00

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

N

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

177

NAICS Code

115116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2650500.00

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

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2679328.73

Forgiveness Date

06/09/2021

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