PPP Loan information for Cheers incorporated

$273,746

Cheers incorporated was initially approved for PPP Loan of amount $273,746, the current approved amount is $273,746. The loan was approved on 02/07/2021 by The Arkansas Capital Corporation reported 30 jobs and $273,746 was used to fund payroll.

Cheers incorporated is Existing or more than 2 years old

CHEERS INCORPORATED

Date Approved

02/07/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

CHEERS INCORPORATED

Borrower Address

2010 N Van Buren St

Borrower City

Little Rock

Borrower State

AR

Borrower Zip

72207-4740

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273745.53

Current Approval Amount

273745.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224779

Servicing Lender Name

Arkansas Capital Corporation

Servicing Lender Address

200 River Market Ave. Suite 400

Servicing Lender City

Little Rock

Servicing Lender State

AR

Servicing Lender Zip

72201-1728

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72207-4740

CD

AR-02

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

273741.53

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

224779

Originating Lender

Arkansas Capital Corporation

Originating Lender City

Little Rock

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275830.50

Forgiveness Date

11/17/2021

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