# PPP loan: COTTRELL PAPER COMPANY INC
> **$451K** approved 01/16/2021 · Paid in Full · Loan `1157418303`
## Borrower
- **Name:** COTTRELL PAPER COMPANY INC
- **Address:** 1135 Rock City Rd, Rock City Falls, NY, 12863-1208
- **NAICS:** 322220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $453K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $451K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Ballston Spa National Bank
- **Servicing:** Ballston Spa National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*