PPP Loan information for Cotton growers co-op

$353,000

Cotton growers co-op was initially approved for PPP Loan of amount $353,000, the current approved amount is $353,000. The loan was approved on 04/08/2020 by The Frazer Bank reported 20 jobs and $353,000 was used to fund payroll.

Cotton growers co-op is Existing or more than 2 years old

PPP Loan Search / OK / ALTUS / Cotton growers co-op

COTTON GROWERS CO-OP

Date Approved

04/08/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

COTTON GROWERS CO-OP

Borrower Address

1509 W BROADWAY ST

Borrower City

ALTUS

Borrower State

OK

Borrower Zip

73521-8912

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353000.00

Current Approval Amount

353000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58702

Servicing Lender Name

Frazer Bank

Servicing Lender Address

110 E Broadway

Servicing Lender City

ALTUS

Servicing Lender State

OK

Servicing Lender Zip

73521-5502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTUS

Project County Name

JACKSON

Project State

OK

Project Zip

73521-8912

CD

OK-03

Jobs Reported

20

NAICS Code

115111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

353000.00

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

58702

Originating Lender

Frazer Bank

Originating Lender City

ALTUS

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

355196.44

Forgiveness Date

11/23/2020

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