PPP Loan information for Cherokee gin & cotton company

$264,055

Cherokee gin & cotton company was initially approved for PPP Loan of amount $264,055, the current approved amount is $264,055. The loan was approved on 04/14/2020 by The First Fidelity Bank reported 34 jobs and $264,055 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

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHEROKEE GIN & COTTON COMPANY

Borrower Address

6000 US HIGHWAY 411 North

Borrower City

CENTRE

Borrower State

AL

Borrower Zip

35960-7920

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264055.31

Current Approval Amount

264055.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88874

Servicing Lender Name

First Fidelity Bank

Servicing Lender Address

1400 Gault Ave North

Servicing Lender City

FORT PAYNE

Servicing Lender State

AL

Servicing Lender Zip

35967-3236

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

34

NAICS Code

115111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36240.21

Payroll Proceed

211244.26

Mortgage Interest Proceed

0.00

Rent Proceed

16570.84

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

88874

Originating Lender

First Fidelity Bank

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266329.12

Forgiveness Date

02/25/2021

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