PPP Loan information for Cherry properties

$54,500

Cherry properties was initially approved for PPP Loan of amount $75,200, the current approved amount is $54,500. The loan was approved on 04/08/2020 by The Wilson Bank & Trust reported 3 jobs and $54,500 was used to fund payroll.

Cherry properties is Existing or more than 2 years old

CHERRY PROPERTIES

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CHERRY PROPERTIES

Borrower Address

241 East Veterans Drive

Borrower City

COOKEVILLE

Borrower State

TN

Borrower Zip

38501-4282

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75200.00

Current Approval Amount

54500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111740

Servicing Lender Name

Wilson Bank & Trust

Servicing Lender Address

623 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COOKEVILLE

Project County Name

PUTNAM

Project State

TN

Project Zip

38501-4282

CD

TN-06

Jobs Reported

3

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54500.00

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

Partnership

Originating Lender Location Id

111740

Originating Lender

Wilson Bank & Trust

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55019.62

Forgiveness Date

03/31/2021

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