PPP Loan information for Red land cotton, llc

$25,000

Red land cotton, llc was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/09/2020 by The Bank Independent reported 6 jobs and $25,000 was used to fund payroll.

Red land cotton, llc is Existing or more than 2 years old

RED LAND COTTON, LLC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RED LAND COTTON, LLC

Borrower Address

919 COUNTY ROAD 213

Borrower City

MOULTON

Borrower State

AL

Borrower Zip

35650-4910

Loan Status Date

10/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOULTON

Project County Name

LAWRENCE

Project State

AL

Project Zip

35650-4910

CD

AL-04

Jobs Reported

6

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25120.14

Forgiveness Date

10/08/2020

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