PPP Loan information for Cherokee motor company llc

$50,027

Cherokee motor company llc was initially approved for PPP Loan of amount $50,027, the current approved amount is $50,027. The loan was approved on 02/11/2021 by The First Southern State Bank reported 5 jobs and $50,027 was used to fund payroll.

Cherokee motor company llc is Existing or more than 2 years old

PPP Loan Search / AL / Odenville / Cherokee motor company llc

CHEROKEE MOTOR COMPANY LLC

Date Approved

02/11/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CHEROKEE MOTOR COMPANY LLC

Borrower Address

9571 US Highway 411

Borrower City

Odenville

Borrower State

AL

Borrower Zip

35120-4729

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50027.13

Current Approval Amount

50027.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3284

Servicing Lender Name

First Southern State Bank

Servicing Lender Address

80 Bank St

Servicing Lender City

STEVENSON

Servicing Lender State

AL

Servicing Lender Zip

35772-3782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odenville

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35120-4729

CD

AL-03

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50024.13

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

3284

Originating Lender

First Southern State Bank

Originating Lender City

STEVENSON

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50367.59

Forgiveness Date

10/25/2021

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