PPP Loan information for Corner cotton gin, inc

$32,300

Corner cotton gin, inc was initially approved for PPP Loan of amount $32,300, the current approved amount is $32,300. The loan was approved on 04/09/2020 by The First Bank reported 14 jobs and $32,300 was used to fund payroll.

Corner cotton gin, inc is Existing or more than 2 years old

PPP Loan Search / NC / DUNN / Corner cotton gin, inc

CORNER COTTON GIN, INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CORNER COTTON GIN, INC

Borrower Address

151 Mingo Church Road

Borrower City

DUNN

Borrower State

NC

Borrower Zip

28334-1617

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32300.00

Current Approval Amount

32300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUNN

Project County Name

HARNETT

Project State

NC

Project Zip

28334-1617

CD

NC-03

Jobs Reported

14

NAICS Code

115111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2018.75

Payroll Proceed

24225.00

Mortgage Interest Proceed

6056.25

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32670.79

Forgiveness Date

06/10/2021

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