# PPP loan: THE COTTON GIN LTD.
> **$257K** approved 02/18/2021 · Paid in Full · Loan `1355118504`
## Borrower
- **Name:** THE COTTON GIN LTD.
- **Address:** 2805 S State Highway 16, Fredericksburg, TX, 78624-2796
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 24
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*