PPP Loan information for Cherry marketing institute inc.

$69,268

Cherry marketing institute inc. was initially approved for PPP Loan of amount $69,268, the current approved amount is $69,268. The loan was approved on 05/07/2021 by The Mercantile Bank reported 3 jobs and $69,268 was used to fund payroll.

Cherry marketing institute inc. is Existing or more than 2 years old

PPP Loan Search / MI / Dewitt / Cherry marketing institute inc.

CHERRY MARKETING INSTITUTE INC.

Date Approved

05/07/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHERRY MARKETING INSTITUTE INC.

Borrower Address

12800 Escanaba Dr Ste A

Borrower City

Dewitt

Borrower State

MI

Borrower Zip

48820-8680

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69267.50

Current Approval Amount

69267.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dewitt

Project County Name

CLINTON

Project State

MI

Project Zip

48820-8680

CD

MI-07

Jobs Reported

3

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

69264.50

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

69445.89

Forgiveness Date

08/16/2021

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