# PPP loan: COTTONWOOD SPRINGS DAIRY
> **$459K** approved 04/08/2020 · Paid in Full · Loan `8252987009`
## Borrower
- **Name:** COTTONWOOD SPRINGS DAIRY
- **Address:** 491 W JAMES FUNK RD, LAKE ARTHUR, NM, 88253-9755
- **NAICS:** 112120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Jobs reported:** 38
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*