PPP Loan information for Cherokee construction co

$94,405

Cherokee construction co was initially approved for PPP Loan of amount $94,405, the current approved amount is $94,405. The loan was approved on 01/26/2021 by The The First Bank and Trust Company reported 11 jobs and $94,405 was used to fund payroll.

Cherokee construction co is Existing or more than 2 years old

CHEROKEE CONSTRUCTION CO

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CHEROKEE CONSTRUCTION CO

Borrower Address

18564 Lee Hwy

Borrower City

Abingdon

Borrower State

VA

Borrower Zip

24210

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94405.00

Current Approval Amount

94405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abingdon

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210

CD

VA-09

Jobs Reported

11

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

94403.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94856.05

Forgiveness Date

07/21/2021

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