PPP Loan information for Cheeers

$373,130

Cheeers was initially approved for PPP Loan of amount $373,130, the current approved amount is $373,130. The loan was approved on 03/25/2021 by The Wells Fargo Bank, National Association reported 35 jobs and $373,130 was used to fund payroll.

Cheeers is Existing or more than 2 years old

CHEEERS

Date Approved

03/25/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

CHEEERS

Borrower Address

1950 W Heatherbrae Dr Ste 5

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85015-5110

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

373130.00

Current Approval Amount

373130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85015-5110

CD

AZ-03

Jobs Reported

35

NAICS Code

621420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

373128.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

376677.29

Forgiveness Date

03/09/2022

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