Cottage Industry

$88,962 PPP Loan in Downingtown, Pennsylvania

Loan Details

Loan Number
4524307109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$88,962
Current Approval
$88,962
Forgiveness Amount
$90,042
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cottage Industry
Address
214 Southside Circle
ZIP Code
19335
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$66,000
Rent
$10,000
Utilities
$10,000
Debt Interest
$2,962

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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