PPP Loan information for Cherry lane operating group, llc

$1,529,500

Cherry lane operating group, llc was initially approved for PPP Loan of amount $1,529,500, the current approved amount is $1,529,500. The loan was approved on 04/16/2020 by The Amboy Bank reported 223 jobs and $1,529,500 was used to fund payroll.

Cherry lane operating group, llc is Existing or more than 2 years old

CHERRY LANE OPERATING GROUP, LLC

Date Approved

04/16/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHERRY LANE OPERATING GROUP, LLC

Borrower Address

9001 Cherry Lane

Borrower City

LAUREL

Borrower State

MD

Borrower Zip

20708-1120

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1529500.00

Current Approval Amount

1529500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43940

Servicing Lender Name

Amboy Bank

Servicing Lender Address

3590 US Hwy 9 South

Servicing Lender City

OLD BRIDGE

Servicing Lender State

NJ

Servicing Lender Zip

08857-2765

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20708-1120

CD

MD-04

Jobs Reported

223

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1529500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43940

Originating Lender

Amboy Bank

Originating Lender City

OLD BRIDGE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1550658.08

Forgiveness Date

09/07/2021

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