PPP Loan information for Cottonwood coffee

$57,031

Cottonwood coffee was initially approved for PPP Loan of amount $57,031, the current approved amount is $57,031. The loan was approved on 05/05/2021 by The Readycap Lending, LLC reported 20 jobs and $57,031 was used to fund payroll.

Cottonwood coffee is Existing or more than 2 years old

COTTONWOOD COFFEE

Date Approved

05/05/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

COTTONWOOD COFFEE

Borrower Address

509 Main Ave 509 Main Ave

Borrower City

Brookings

Borrower State

SD

Borrower Zip

57006-1936

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57031.00

Current Approval Amount

57031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brookings

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-1936

CD

SD-

Jobs Reported

20

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

57029.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57429.44

Forgiveness Date

01/21/2022

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