PPP Loan information for Cherry ridge construction inc

$50,890

Cherry ridge construction inc was initially approved for PPP Loan of amount $50,890, the current approved amount is $50,890. The loan was approved on 03/03/2021 by The Arbor Bank reported 6 jobs and $50,890 was used to fund payroll.

Cherry ridge construction inc is Existing or more than 2 years old

CHERRY RIDGE CONSTRUCTION INC

Date Approved

03/03/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CHERRY RIDGE CONSTRUCTION INC

Borrower Address

1425 9th Ave

Borrower City

Council Bluffs

Borrower State

IA

Borrower Zip

51501-6102

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50890.00

Current Approval Amount

50890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42371

Servicing Lender Name

Arbor Bank

Servicing Lender Address

911 Central Ave

Servicing Lender City

NEBRASKA CITY

Servicing Lender State

NE

Servicing Lender Zip

68410-2334

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Council Bluffs

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-6102

CD

IA-04

Jobs Reported

6

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50889.00

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

42371

Originating Lender

Arbor Bank

Originating Lender City

NEBRASKA CITY

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51196.75

Forgiveness Date

10/08/2021

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