PPP Loan information for Jim cherry interest inc

$645,500

Jim cherry interest inc was initially approved for PPP Loan of amount $645,500, the current approved amount is $645,500. The loan was approved on 04/09/2020 by The First-Citizens Bank & Trust Company reported 72 jobs and $645,500 was used to fund payroll.

Jim cherry interest inc is New Business or 2 years or less

JIM CHERRY INTEREST INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JIM CHERRY INTEREST INC

Borrower Address

400 Indian Trail Rd N

Borrower City

INDIAN TRAIL

Borrower State

NC

Borrower Zip

28079-7625

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

645500.00

Current Approval Amount

645500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

INDIAN TRAIL

Project County Name

UNION

Project State

NC

Project Zip

28079-7625

CD

NC-08

Jobs Reported

72

NAICS Code

424320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

645500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

649139.90

Forgiveness Date

11/12/2020

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