PPP Loan information for Cherry bay orchards, inc.

$368,000

Cherry bay orchards, inc. was initially approved for PPP Loan of amount $368,000, the current approved amount is $368,000. The loan was approved on 04/14/2020 by The Greenstone Farm Credit Services, ACA reported 26 jobs and $368,000 was used to fund payroll.

Cherry bay orchards, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SUTTONS BAY / Cherry bay orchards, inc.

CHERRY BAY ORCHARDS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHERRY BAY ORCHARDS, INC.

Borrower Address

2801 N. JACOBSON RD

Borrower City

SUTTONS BAY

Borrower State

MI

Borrower Zip

49682-9706

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368000.00

Current Approval Amount

368000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

493864

Servicing Lender Name

Greenstone Farm Credit Services, ACA

Servicing Lender Address

3515 West Road

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUTTONS BAY

Project County Name

LEELANAU

Project State

MI

Project Zip

49682-9706

CD

MI-01

Jobs Reported

26

NAICS Code

111339

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

17000.00

Rent Proceed

17000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

17000

Business Type

Corporation

Originating Lender Location Id

493864

Originating Lender

Greenstone Farm Credit Services, ACA

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

369962.67

Forgiveness Date

11/03/2020

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