PPP Loan information for Cherokee gin & cotton company

$259,372

Cherokee gin & cotton company was initially approved for PPP Loan of amount $259,372, the current approved amount is $259,372. The loan was approved on 05/20/2021 by The The Bank of Vernon reported 14 jobs and $259,372 was used to fund payroll.

Cherokee gin & cotton company is Existing or more than 2 years old

PPP Loan Search / AL / Centre / Cherokee gin & cotton company

CHEROKEE GIN & COTTON COMPANY

Date Approved

05/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CHEROKEE GIN & COTTON COMPANY

Borrower Address

6000 US Highway 411 N

Borrower City

Centre

Borrower State

AL

Borrower Zip

35960-7920

Loan Status Date

12/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259371.78

Current Approval Amount

259371.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3334

Servicing Lender Name

The Bank of Vernon

Servicing Lender Address

44825 Hwy 17

Servicing Lender City

VERNON

Servicing Lender State

AL

Servicing Lender Zip

35592-5647

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Centre

Project County Name

CHEROKEE

Project State

AL

Project Zip

35960-7920

CD

AL-03

Jobs Reported

14

NAICS Code

115111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259371.78

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

Corporation

Originating Lender Location Id

3334

Originating Lender

The Bank of Vernon

Originating Lender City

VERNON

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260740.69

Forgiveness Date

12/15/2021

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