PPP Loan information for Staple cotton cooperative association

$2,672,900

Staple cotton cooperative association was initially approved for PPP Loan of amount $2,672,900, the current approved amount is $2,672,900. The loan was approved on 07/21/2020 by The Regions Bank reported 217 jobs and $2,672,900 was used to fund payroll.

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

STAPLE COTTON COOPERATIVE ASSOCIATION

Date Approved

07/21/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

STAPLE COTTON COOPERATIVE ASSOCIATION

Borrower Address

214 W Market Street

Borrower City

Greenwood

Borrower State

MS

Borrower Zip

38930

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2672900.00

Current Approval Amount

2672900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

LEFLORE

Project State

MS

Project Zip

38930-0001

CD

MS-02

Jobs Reported

217

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2672900.00

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

Cooperative

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2696113.95

Forgiveness Date

06/11/2021

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