PPP Loan information for Cherry oil company inc

$215,772

Cherry oil company inc was initially approved for PPP Loan of amount $215,772, the current approved amount is $215,772. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 22 jobs and $215,772 was used to fund payroll.

Cherry oil company inc is Existing or more than 2 years old

CHERRY OIL COMPANY INC

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CHERRY OIL COMPANY INC

Borrower Address

2213 Hull Rd 2213 Hull Rd

Borrower City

Kinston

Borrower State

NC

Borrower Zip

28504-2059

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215772.00

Current Approval Amount

215772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kinston

Project County Name

LENOIR

Project State

NC

Project Zip

28504-2059

CD

NC-03

Jobs Reported

22

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

215768.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217210.48

Forgiveness Date

11/12/2021

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