PPP Loan information for The cote corporation

$575,000

The cote corporation was initially approved for PPP Loan of amount $575,000, the current approved amount is $575,000. The loan was approved on 04/06/2020 by The Maine Community Bank reported 41 jobs and $575,000 was used to fund payroll.

The cote corporation is Existing or more than 2 years old

THE COTE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE COTE CORPORATION

Borrower Address

2980 Hotel Road

Borrower City

AUBURN

Borrower State

ME

Borrower Zip

04210-8816

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575000.00

Current Approval Amount

575000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04210-8816

CD

ME-02

Jobs Reported

41

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

487000.00

Mortgage Interest Proceed

0.00

Rent Proceed

84000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

578481.94

Forgiveness Date

11/13/2020

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