PPP Loan information for Cherokee instruments inc

$427,400

Cherokee instruments inc was initially approved for PPP Loan of amount $427,400, the current approved amount is $427,400. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 29 jobs and $427,400 was used to fund payroll.

Cherokee instruments inc is Existing or more than 2 years old

CHEROKEE INSTRUMENTS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHEROKEE INSTRUMENTS INC

Borrower Address

100 LOGAN CT

Borrower City

ANGIER

Borrower State

NC

Borrower Zip

27501-8591

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427400.00

Current Approval Amount

427400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANGIER

Project County Name

HARNETT

Project State

NC

Project Zip

27501-8591

CD

NC-13

Jobs Reported

29

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

427400.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

432742.50

Forgiveness Date

08/12/2021

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