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 04/15/2020 by The Atlantic Union Bank reported 31 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

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHERRY CARPET, INC.

Borrower Address

2915 LONDON BLVD

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23707-3405

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372180.00

Current Approval Amount

372180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

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

31

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375426.24

Forgiveness Date

03/05/2021

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