PPP Loan information for Cottonwood coffee

$42,600

Cottonwood coffee was initially approved for PPP Loan of amount $40,000, the current approved amount is $42,600. The loan was approved on 04/14/2020 by The Customers Bank reported 24 jobs and $42,600 was used to fund payroll.

Cottonwood coffee is Existing or more than 2 years old

PPP Loan Search / SD / Brookings / Cottonwood coffee

COTTONWOOD COFFEE

Date Approved

04/14/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

COTTONWOOD COFFEE

Borrower Address

509 Main Avenue

Borrower City

Brookings

Borrower State

SD

Borrower Zip

57006

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

42600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

57006-0001

CD

SD-

Jobs Reported

24

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42600.00

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

43009.66

Forgiveness Date

04/23/2021

;