PPP Loan information for Cherokee well drilling and pump company inc.

$77,500

Cherokee well drilling and pump company inc. was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 8 jobs and $77,500 was used to fund payroll.

Cherokee well drilling and pump company inc. is New Business or 2 years or less

PPP Loan Search / NC / MURPHY / Cherokee well drilling and pump company inc.

CHEROKEE WELL DRILLING AND PUMP COMPANY INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHEROKEE WELL DRILLING AND PUMP COMPANY INC.

Borrower Address

PO BOX 1007

Borrower City

MURPHY

Borrower State

NC

Borrower Zip

28906

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MURPHY

Project County Name

CHEROKEE

Project State

NC

Project Zip

28906-0001

CD

NC-11

Jobs Reported

8

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77992.60

Forgiveness Date

12/23/2020

;