Cottens INC & Cottens Auto Sup

$1,000,700 PPP Loan in Anoka, Minnesota

Loan Details

Loan Number
5171657205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,000,700
Current Approval
$1,000,700
Forgiveness Amount
$1,009,428
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cottens INC & Cottens Auto Sup
Address
733 East River Rd
City
Anoka
ZIP Code
55303-2829
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$47.3M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$900,000
Rent
$70,700
Utilities
$30,000

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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