PPP Loan information for Cotton exchange foods inc

$126,600

Cotton exchange foods inc was initially approved for PPP Loan of amount $126,600, the current approved amount is $126,600. The loan was approved on 04/07/2020 by The Schaumburg Bank & Trust Company, National Association reported 36 jobs and $126,600 was used to fund payroll.

Cotton exchange foods inc is New Business or 2 years or less

PPP Loan Search / WI / WATERFORD / Cotton exchange foods inc

COTTON EXCHANGE FOODS INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

COTTON EXCHANGE FOODS INC

Borrower Address

345 HICKORY HOLLOW RD

Borrower City

WATERFORD

Borrower State

WI

Borrower Zip

53185-2894

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126600.00

Current Approval Amount

126600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WATERFORD

Project County Name

RACINE

Project State

WI

Project Zip

53185-2894

CD

WI-01

Jobs Reported

36

NAICS Code

722310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15825.00

Payroll Proceed

94950.00

Mortgage Interest Proceed

15825.00

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

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127545.98

Forgiveness Date

01/12/2021

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