PPP Loan information for Cherokee equipment inc

$410,625

Cherokee equipment inc was initially approved for PPP Loan of amount $410,625, the current approved amount is $410,625. The loan was approved on 04/10/2020 by The PeoplesSouth Bank reported 50 jobs and $410,625 was used to fund payroll.

Cherokee equipment inc is Existing or more than 2 years old

PPP Loan Search / GA / Bainbridge / Cherokee equipment inc

CHEROKEE EQUIPMENT INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CHEROKEE EQUIPMENT INC

Borrower Address

170 Pine Forest Rd

Borrower City

Bainbridge

Borrower State

GA

Borrower Zip

39819-7727

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410625.00

Current Approval Amount

410625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19243

Servicing Lender Name

PeoplesSouth Bank

Servicing Lender Address

203 W Crawford St

Servicing Lender City

COLQUITT

Servicing Lender State

GA

Servicing Lender Zip

39837-3903

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bainbridge

Project County Name

DECATUR

Project State

GA

Project Zip

39819-7727

CD

GA-02

Jobs Reported

50

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410625.00

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

19243

Originating Lender

PeoplesSouth Bank

Originating Lender City

COLQUITT

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413339.69

Forgiveness Date

12/08/2020

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