PPP Loan information for Cherrywood nursing & living center, inc.

$2,095,600

Cherrywood nursing & living center, inc. was initially approved for PPP Loan of amount $2,095,600, the current approved amount is $2,095,600. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 250 jobs and $2,095,600 was used to fund payroll.

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

PPP Loan Search / MI / STERLING HEIGHTS / Cherrywood nursing & living center, inc.

CHERRYWOOD NURSING & LIVING CENTER, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHERRYWOOD NURSING & LIVING CENTER, INC.

Borrower Address

34643 Ketsin Dr

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48310-5235

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2095600.00

Current Approval Amount

2095600.00

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

Y

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

250

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2095600.00

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

2118967.38

Forgiveness Date

06/09/2021

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