PPP Loan information for Cotton exchange investment properties llc

$586,019

Cotton exchange investment properties llc was initially approved for PPP Loan of amount $586,019, the current approved amount is $586,019. The loan was approved on 03/20/2021 by The Farmers & Merchants Bank of Long Beach reported 34 jobs and $586,019 was used to fund payroll.

Cotton exchange investment properties llc is Existing or more than 2 years old

PPP Loan Search / LA / New Orleans / Cotton exchange investment properties llc

COTTON EXCHANGE INVESTMENT PROPERTIES LLC

Date Approved

03/20/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

COTTON EXCHANGE INVESTMENT PROPERTIES LLC

Borrower Address

221 Carondelet St

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70130-3002

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

586019.00

Current Approval Amount

586019.00

Undisbursed Amount

0.00

Franchise Name

AC Hotels by Marriott

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70130-3002

CD

LA-02

Jobs Reported

34

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

586013.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

589149.79

Forgiveness Date

10/05/2021

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