PPP Loan information for Cherrywood fabric, inc.

$26,600

Cherrywood fabric, inc. was initially approved for PPP Loan of amount $28,600, the current approved amount is $26,600. The loan was approved on 04/06/2020 by The Randall State Bank reported 7 jobs and $26,600 was used to fund payroll.

Cherrywood fabric, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BAXTER / Cherrywood fabric, inc.

CHERRYWOOD FABRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHERRYWOOD FABRIC, INC.

Borrower Address

7882 College Road

Borrower City

BAXTER

Borrower State

MN

Borrower Zip

56425-8620

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28600.00

Current Approval Amount

26600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38771

Servicing Lender Name

Randall State Bank

Servicing Lender Address

307 Pacific Ave

Servicing Lender City

RANDALL

Servicing Lender State

MN

Servicing Lender Zip

56475-4400

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAXTER

Project County Name

CROW WING

Project State

MN

Project Zip

56425-1000

CD

MN-08

Jobs Reported

7

NAICS Code

424310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26600.00

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

38771

Originating Lender

Randall State Bank

Originating Lender City

RANDALL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26761.08

Forgiveness Date

11/25/2020

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