PPP Loan information for The cottage cafe inc.

$515,857

The cottage cafe inc. was initially approved for PPP Loan of amount $515,857, the current approved amount is $515,857. The loan was approved on 06/11/2020 by The Calvin B. Taylor Banking Company reported 87 jobs and $515,857 was used to fund payroll.

The cottage cafe inc. is Existing or more than 2 years old

PPP Loan Search / DE / BETHANY BEACH / The cottage cafe inc.

THE COTTAGE CAFE INC.

Date Approved

06/11/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE COTTAGE CAFE INC.

Borrower Address

33034 Coastal Hwy

Borrower City

BETHANY BEACH

Borrower State

DE

Borrower Zip

19930-3754

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

515857.00

Current Approval Amount

515857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHANY BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19930-3754

CD

DE-

Jobs Reported

87

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

515857.00

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

Corporation

Originating Lender Location Id

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522471.28

Forgiveness Date

09/28/2021

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