PPP Loan information for Cheers sports, inc

$166,000

Cheers sports, inc was initially approved for PPP Loan of amount $166,000, the current approved amount is $166,000. The loan was approved on 04/06/2020 by The Bank of Clarke reported 12 jobs and $166,000 was used to fund payroll.

Cheers sports, inc is Existing or more than 2 years old

CHEERS SPORTS, INC

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHEERS SPORTS, INC

Borrower Address

20700 LOUDOUN COUNTY PARKWAY SUITE 184

Borrower City

ASHBURN

Borrower State

VA

Borrower Zip

20147-2928

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166000.00

Current Approval Amount

166000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73092

Servicing Lender Name

Bank of Clarke

Servicing Lender Address

2 E Main St

Servicing Lender City

BERRYVILLE

Servicing Lender State

VA

Servicing Lender Zip

22611-1338

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHBURN

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-2928

CD

VA-10

Jobs Reported

12

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

166000.00

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

Corporation

Originating Lender Location Id

73092

Originating Lender

Bank of Clarke

Originating Lender City

BERRYVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167595.44

Forgiveness Date

04/02/2021

;