PPP Loan information for Cheer inc.

$1,014,980

Cheer inc. was initially approved for PPP Loan of amount $1,040,265, the current approved amount is $1,014,980. The loan was approved on 01/31/2021 by The Grow America Fund, Incorporated reported 227 jobs and $1,014,980 was used to fund payroll.

Cheer inc. is Existing or more than 2 years old

CHEER INC.

Date Approved

01/31/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

CHEER INC.

Borrower Address

546 S Bedford St

Borrower City

Georgetown

Borrower State

DE

Borrower Zip

19947-1852

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1040265.00

Current Approval Amount

1014980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

199896

Servicing Lender Name

Grow America Fund, Incorporated

Servicing Lender Address

24 Whitehall St Suite 710

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10004

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Georgetown

Project County Name

SUSSEX

Project State

DE

Project Zip

19947-1852

CD

DE-

Jobs Reported

227

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1014980.00

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

199896

Originating Lender

Grow America Fund, Incorporated

Originating Lender City

NEW YORK

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

53192.51

Forgiveness Date

12/16/2021

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