2455 COTTONWOOD LLC (FL) - 2020 PPP Loan Borrower Profile (# 1205437210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2455 COTTONWOOD LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Florida.

Loan Detail

Loan Number

1205437210

SBA Office Code

0455

Processing Method

PPP

Curent Loan Amount

$710,600

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

4 Months

Payroll Proced

710,600

Lender

Readycap Lending, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

236118

Borrower Location

Melbourne, FL

Project Location

Melbourne, FL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.