PPP Loan information for Cottonwood inn inc

$395,586

Cottonwood inn inc was initially approved for PPP Loan of amount $395,586, the current approved amount is $395,586. The loan was approved on 01/27/2021 by The Opportunity Bank of Montana reported 60 jobs and $395,586 was used to fund payroll.

Cottonwood inn inc is Existing or more than 2 years old

COTTONWOOD INN INC

Date Approved

01/27/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

COTTONWOOD INN INC

Borrower Address

54250 US Highway 2

Borrower City

Glasgow

Borrower State

MT

Borrower Zip

59230-1561

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

395586.42

Current Approval Amount

395586.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86348

Servicing Lender Name

Opportunity Bank of Montana

Servicing Lender Address

1400 Prospect Ave

Servicing Lender City

HELENA

Servicing Lender State

MT

Servicing Lender Zip

59601-4544

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glasgow

Project County Name

VALLEY

Project State

MT

Project Zip

59230-1561

CD

MT-02

Jobs Reported

60

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

395584.42

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

86348

Originating Lender

Opportunity Bank of Montana

Originating Lender City

HELENA

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399954.13

Forgiveness Date

03/09/2022

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