PPP Loan information for Cheers school family inc

$173,550

Cheers school family inc was initially approved for PPP Loan of amount $172,100, the current approved amount is $173,550. The loan was approved on 04/09/2020 by The Truist Bank reported 45 jobs and $173,550 was used to fund payroll.

Cheers school family inc is Existing or more than 2 years old

PPP Loan Search / VA / BERRYVILLE / Cheers school family inc

CHEERS SCHOOL FAMILY INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHEERS SCHOOL FAMILY INC

Borrower Address

1065 W. MAIN ST

Borrower City

BERRYVILLE

Borrower State

VA

Borrower Zip

22611-3507

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172100.00

Current Approval Amount

173550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERRYVILLE

Project County Name

CLARKE

Project State

VA

Project Zip

22611-3507

CD

VA-06

Jobs Reported

45

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173550.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

175044.46

Forgiveness Date

03/11/2021

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