PPP Loan information for Cherry grove automotive inc

$75,000

Cherry grove automotive inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/04/2020 by The First Palmetto Bank reported 7 jobs and $75,000 was used to fund payroll.

Cherry grove automotive inc is Existing or more than 2 years old

PPP Loan Search / SC / NORTH MYRTLE BEACH / Cherry grove automotive inc

CHERRY GROVE AUTOMOTIVE INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CHERRY GROVE AUTOMOTIVE INC

Borrower Address

1012 Sea Mountain Hwy

Borrower City

NORTH MYRTLE BEACH

Borrower State

SC

Borrower Zip

29582-2211

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH MYRTLE BEACH

Project County Name

HORRY

Project State

SC

Project Zip

29582-2211

CD

SC-07

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56250.00

Mortgage Interest Proceed

18750.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75670.83

Forgiveness Date

03/03/2021

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