Sowega Cotton Gin & Warehouse, LLC
$607,000 PPP Loan in Climax, Georgia
Loan Details
- Loan Number
- 6164857006
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $607,000
- Current Approval
- $607,000
- Forgiveness Amount
- $611,283
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sowega Cotton Gin & Warehouse, LLC
- Address
- 1048 Old Pelham Rd
- City
- Climax
- State
- Georgia
- ZIP Code
- 39834-2322
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (115111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- GA-02
Loan Use Breakdown
- Payroll
- $562,000
- Utilities
- $15,000
- Health Care
- $15,000
- Mortgage Interest
- $15,000
Lender Information
- Servicing Lender
- First National Bank of Decatur County
- Originating Lender
- First National Bank of Decatur County
Other PPP Loans in Climax, GA
| Business | Approved | |
|---|---|---|
| Sowega Cotton Gin & Warehouse LLC | $719,073 |  Research |
| Mcclellan Organics, Llc. | $655,187 | Research |
| Providence Dairy Inc. | $239,000 | Research |
| Port City Timber Company LLC | $218,100 | Research |
| Providence Dairy INC | $208,800 | Research |
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