PPP Loan information for Cherry carpet inc

$372,180

Cherry carpet inc was initially approved for PPP Loan of amount $372,180, the current approved amount is $372,180. The loan was approved on 03/03/2021 by The TowneBank reported 30 jobs and $372,180 was used to fund payroll.

Cherry carpet inc is Existing or more than 2 years old

PPP Loan Search / VA / Portsmouth / Cherry carpet inc

CHERRY CARPET INC

Date Approved

03/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CHERRY CARPET INC

Borrower Address

2915 London Blvd

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23707-3405

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372180.00

Current Approval Amount

372180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23707-3405

CD

VA-03

Jobs Reported

30

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372180.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

376005.18

Forgiveness Date

03/09/2022

;