PPP Loan information for Cherry tech inc

$36,000

Cherry tech inc was initially approved for PPP Loan of amount $36,000, the current approved amount is $36,000. The loan was approved on 04/30/2020 by The WebBank reported 2 jobs and $36,000 was used to fund payroll.

Cherry tech inc is Existing or more than 2 years old

CHERRY TECH INC

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHERRY TECH INC

Borrower Address

2712 FAMILY WAY

Borrower City

Ellicott City

Borrower State

MD

Borrower Zip

21043

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36000.00

Current Approval Amount

36000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ellicott City

Project County Name

HOWARD

Project State

MD

Project Zip

21043-1205

CD

MD-03

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36000.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36382.00

Forgiveness Date

05/19/2021

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