PPP Loan information for Cotton exchange investment properties llc

$418,586

Cotton exchange investment properties llc was initially approved for PPP Loan of amount $418,586, the current approved amount is $418,586. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank of Long Beach reported 45 jobs and $418,586 was used to fund payroll.

Cotton exchange investment properties llc is Existing or more than 2 years old

COTTON EXCHANGE INVESTMENT PROPERTIES LLC

Date Approved

04/08/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

COTTON EXCHANGE INVESTMENT PROPERTIES LLC

Borrower Address

2532 DUPONT DR

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92612-1524

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418586.00

Current Approval Amount

418586.00

Undisbursed Amount

0.00

Franchise Name

AC Hotels by Marriott

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

ORLEANS

Project State

LA

Project Zip

70130

CD

LA-02

Jobs Reported

45

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

418586.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

423654.90

Forgiveness Date

07/06/2021

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