PPP Loan information for Cheri theatres

$88,345

Cheri theatres was initially approved for PPP Loan of amount $88,345, the current approved amount is $88,345. The loan was approved on 04/06/2020 by The Independence Bank of Kentucky reported 55 jobs and $88,345 was used to fund payroll.

Cheri theatres is Existing or more than 2 years old

CHERI THEATRES

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CHERI THEATRES

Borrower Address

1008 CHESTNUT ST

Borrower City

MURRAY

Borrower State

KY

Borrower Zip

42071-1963

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88345.20

Current Approval Amount

88345.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MURRAY

Project County Name

CALLOWAY

Project State

KY

Project Zip

42071-1963

CD

KY-01

Jobs Reported

55

NAICS Code

711110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88345.20

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

Partnership

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78795.95

Forgiveness Date

11/05/2020

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