PPP Loan information for Cotner electric co., inc.

$175,000

Cotner electric co., inc. was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/09/2020 by The Montgomery Bank reported 15 jobs and $175,000 was used to fund payroll.

Cotner electric co., inc. is Existing or more than 2 years old

PPP Loan Search / MO / CAPE GIRARDEAU / Cotner electric co., inc.

COTNER ELECTRIC CO., INC.

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

COTNER ELECTRIC CO., INC.

Borrower Address

2049 SOUTHERN EXPY

Borrower City

CAPE GIRARDEAU

Borrower State

MO

Borrower Zip

63703-7650

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAPE GIRARDEAU

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63703-7650

CD

MO-08

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17500.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176186.11

Forgiveness Date

12/15/2020

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