PPP Loan information for Cherokee area economic development corporation

$30,300

Cherokee area economic development corporation was initially approved for PPP Loan of amount $30,300, the current approved amount is $30,300. The loan was approved on 01/22/2021 by The Cherokee State Bank reported 3 jobs and $30,300 was used to fund payroll.

Cherokee area economic development corporation is Existing or more than 2 years old

PPP Loan Search / IA / Cherokee / Cherokee area economic development corporation

CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

201 W Main St

Borrower City

Cherokee

Borrower State

IA

Borrower Zip

51012-1851

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30300.00

Current Approval Amount

30300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherokee

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-1851

CD

IA-04

Jobs Reported

3

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

30297.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

30412.90

Forgiveness Date

06/15/2021

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