COFFEE COTTAGE (ND) - 2020 PPP Loan Borrower Profile (# 8427067203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COFFEE COTTAGE. 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 North Dakota.

Loan Detail

Loan Number

8427067203

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$24,237

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$24,407.33

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,400

Payroll Proced

19,390

Rent Proceed

2,447

Lender

Merchants Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

722511

Borrower Location

RUGBY, ND

Project Location

RUGBY, ND

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.