PPP Loan information for Cherry city metals, llc

$964,680

Cherry city metals, llc was initially approved for PPP Loan of amount $964,680, the current approved amount is $964,680. The loan was approved on 04/27/2020 by The Umpqua Bank reported 67 jobs and $964,680 was used to fund payroll.

Cherry city metals, llc is Existing or more than 2 years old

PPP Loan Search / OR / Salem / Cherry city metals, llc

CHERRY CITY METALS, LLC

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

CHERRY CITY METALS, LLC

Borrower Address

3155 Kanz Ct NE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97301-0368

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

964680.00

Current Approval Amount

964680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97301-0368

CD

OR-05

Jobs Reported

67

NAICS Code

562920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

964680.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

969595.90

Forgiveness Date

11/03/2020

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