PPP Loan information for Cherry grove farm of fairfield inc

$40,048

Cherry grove farm of fairfield inc was initially approved for PPP Loan of amount $40,048, the current approved amount is $40,048. The loan was approved on 05/29/2020 by The Farm Credit of the Virginias, ACA reported 8 jobs and $40,048 was used to fund payroll.

Cherry grove farm of fairfield inc is Existing or more than 2 years old

CHERRY GROVE FARM OF FAIRFIELD INC

Date Approved

05/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHERRY GROVE FARM OF FAIRFIELD INC

Borrower Address

5239 North Lee Hwy

Borrower City

Fairfield

Borrower State

VA

Borrower Zip

24435-2400

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40048.30

Current Approval Amount

40048.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528987

Servicing Lender Name

Farm Credit of the Virginias, ACA

Servicing Lender Address

1557 Commerce Road Suite 202

Servicing Lender City

Verona

Servicing Lender State

VA

Servicing Lender Zip

24482

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24435-2400

CD

VA-06

Jobs Reported

8

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

32048.30

Mortgage Interest Proceed

4000.00

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

528987

Originating Lender

Farm Credit of the Virginias, ACA

Originating Lender City

Verona

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40365.35

Forgiveness Date

03/11/2021

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