# PPP loan: 2455 COTTONWOOD LLC
> **$711K** approved 04/15/2020 · Charged Off · Loan `1205437210`
## Borrower
- **Name:** 2455 COTTONWOOD LLC
- **Address:** 50 Laurie St - Suite C, Melbourne, FL, 32935
- **NAICS:** 236118
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $711K
- **Initial approval:** $711K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $711K
- **Jobs reported:** 40
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*