PPP Loan information for Cherokee auto parts inc

$29,198

Cherokee auto parts inc was initially approved for PPP Loan of amount $29,198, the current approved amount is $29,198. The loan was approved on 01/30/2021 by The Bank Independent reported 3 jobs and $29,198 was used to fund payroll.

Cherokee auto parts inc is Existing or more than 2 years old

CHEROKEE AUTO PARTS INC

Date Approved

01/30/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CHEROKEE AUTO PARTS INC

Borrower Address

8430 Highway 72

Borrower City

Cherokee

Borrower State

AL

Borrower Zip

35616-4403

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29197.50

Current Approval Amount

29197.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherokee

Project County Name

COLBERT

Project State

AL

Project Zip

35616-4403

CD

AL-04

Jobs Reported

3

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29196.50

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

Subchapter S Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29339.43

Forgiveness Date

08/03/2021

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