PPP Loan information for Cherrywood nursing and living center inc.

$2,000,000

Cherrywood nursing and living center inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/23/2021 by The The Huntington National Bank reported 188 jobs and $2,000,000 was used to fund payroll.

Cherrywood nursing and living center inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Cherrywood nursing and living center inc.

CHERRYWOOD NURSING AND LIVING CENTER INC.

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHERRYWOOD NURSING AND LIVING CENTER INC.

Borrower Address

34643 Ketsin Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310-5235

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-5235

CD

MI-10

Jobs Reported

188

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012328.77

Forgiveness Date

11/05/2021

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