PPP Loan information for Cottens inc & cottens auto sup

$1,000,700

Cottens inc & cottens auto sup was initially approved for PPP Loan of amount $1,000,700, the current approved amount is $1,000,700. The loan was approved on 04/27/2020 by The First Bank Elk River reported 175 jobs and $1,000,700 was used to fund payroll.

Cottens inc & cottens auto sup is Existing or more than 2 years old

COTTENS INC & COTTENS AUTO SUP

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COTTENS INC & COTTENS AUTO SUP

Borrower Address

733 EAST RIVER RD

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-2829

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000700.00

Current Approval Amount

1000700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-2829

CD

MN-03

Jobs Reported

175

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

900000.00

Mortgage Interest Proceed

0.00

Rent Proceed

70700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1009428.33

Forgiveness Date

03/16/2021

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