# PPP loan: COTTRELL PAPER COMPANY INC
> **$451K** approved 04/06/2020 · Paid in Full · Loan `5811737008`
## 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:** $454K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Jobs reported:** 42
## Lender
- **Originating:** Ballston Spa National Bank
- **Servicing:** Ballston Spa National Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*