PPP Loan information for The cherokee county health care authority

$1,840,500

The cherokee county health care authority was initially approved for PPP Loan of amount $1,840,500, the current approved amount is $1,840,500. The loan was approved on 05/04/2020 by The Peoples Bank of Alabama reported 314 jobs and $1,840,500 was used to fund payroll.

The cherokee county health care authority is Existing or more than 2 years old

PPP Loan Search / AL / CENTRE / The cherokee county health care authority

THE CHEROKEE COUNTY HEALTH CARE AUTHORITY

Date Approved

05/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE CHEROKEE COUNTY HEALTH CARE AUTHORITY

Borrower Address

877 Cedar Bluff Road

Borrower City

CENTRE

Borrower State

AL

Borrower Zip

35960

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1840500.00

Current Approval Amount

1840500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTRE

Project County Name

CHEROKEE

Project State

AL

Project Zip

35960-0001

CD

AL-03

Jobs Reported

314

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

85000.00

Payroll Proceed

1755500.00

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

Non-Profit Organization

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1848952.99

Forgiveness Date

11/09/2020

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