PPP Loan information for Cheers inc

$88,504

Cheers inc was initially approved for PPP Loan of amount $88,504, the current approved amount is $88,504. The loan was approved on 04/30/2020 by The The Credit Union For All reported 21 jobs and $88,504 was used to fund payroll.

Cheers inc is Existing or more than 2 years old

PPP Loan Search / IL / Woodridge / Cheers inc

CHEERS INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHEERS INC

Borrower Address

6740 Route 53

Borrower City

Woodridge

Borrower State

IL

Borrower Zip

60517-1430

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88504.00

Current Approval Amount

88504.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95700

Servicing Lender Name

The Credit Union For All

Servicing Lender Address

1811 Eastland Dr

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3530

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodridge

Project County Name

DUPAGE

Project State

IL

Project Zip

60517-1430

CD

IL-11

Jobs Reported

21

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

74704.00

Mortgage Interest Proceed

0.00

Rent Proceed

8800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

95700

Originating Lender

The Credit Union For All

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89514.42

Forgiveness Date

06/24/2021

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