Plains Cotton Cooperative Association

$2,000,000 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
1001608708
Date Approved
Mar 26, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,137
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Plains Cotton Cooperative Association
Address
3301 E 50th St
State
Texas
ZIP Code
79404-4331
Business Type
Non-Profit Organization
Industry (NAICS)
Finance and Insurance (523130)
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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