PPP Loan information for Cheers inc.

$123,907

Cheers inc. was initially approved for PPP Loan of amount $123,907, the current approved amount is $123,907. The loan was approved on 01/29/2021 by The The Credit Union For All reported 27 jobs and $123,907 was used to fund payroll.

Cheers inc. is Existing or more than 2 years old

CHEERS INC.

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHEERS INC.

Borrower Address

6740 Route 53

Borrower City

Woodridge

Borrower State

IL

Borrower Zip

60517-1430

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123906.51

Current Approval Amount

123906.51

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

27

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

123901.51

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

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

124732.55

Forgiveness Date

10/04/2021

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