PPP Loan information for Cottonstates industries, inc

$20,800

Cottonstates industries, inc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/13/2020 by The New Horizon Bank, National Association reported 1 jobs and $20,800 was used to fund payroll.

Cottonstates industries, inc is Existing or more than 2 years old

COTTONSTATES INDUSTRIES, INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COTTONSTATES INDUSTRIES, INC

Borrower Address

2098 William Dance Way

Borrower City

POWHATAN

Borrower State

VA

Borrower Zip

23139-7748

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWHATAN

Project County Name

POWHATAN

Project State

VA

Project Zip

23139-7748

CD

VA-05

Jobs Reported

1

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Corporation

Originating Lender Location Id

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20966.98

Forgiveness Date

02/11/2021

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