PPP Loan information for Staple cotton discount corporation

$179,800

Staple cotton discount corporation was initially approved for PPP Loan of amount $179,800, the current approved amount is $179,800. The loan was approved on 07/21/2020 by The Regions Bank reported 9 jobs and $179,800 was used to fund payroll.

Staple cotton discount corporation is Existing or more than 2 years old

STAPLE COTTON DISCOUNT CORPORATION

Date Approved

07/21/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

STAPLE COTTON DISCOUNT CORPORATION

Borrower Address

214 W Market Street

Borrower City

Greenwood

Borrower State

MS

Borrower Zip

38930

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179800.00

Current Approval Amount

179800.00

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

9

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179800.00

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

180558.61

Forgiveness Date

12/30/2020

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