PPP Loan information for Cotton belt, inc

$952,000

Cotton belt, inc was initially approved for PPP Loan of amount $952,000, the current approved amount is $952,000. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 108 jobs and $952,000 was used to fund payroll.

Cotton belt, inc is New Business or 2 years or less

PPP Loan Search / NC / GREENVILLE / Cotton belt, inc

COTTON BELT, INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COTTON BELT, INC

Borrower Address

310 Station Rd

Borrower City

GREENVILLE

Borrower State

NC

Borrower Zip

27834

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952000.00

Current Approval Amount

952000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GREENVILLE

Project County Name

PITT

Project State

NC

Project Zip

27834-0001

CD

NC-01

Jobs Reported

108

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

952000.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

957553.33

Forgiveness Date

11/25/2020

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