PPP Loan information for The cherokee 8a group, inc.

$315,000

The cherokee 8a group, inc. was initially approved for PPP Loan of amount $315,000, the current approved amount is $315,000. The loan was approved on 03/17/2021 by The First Bank reported 7 jobs and $315,000 was used to fund payroll.

The cherokee 8a group, inc. is Existing or more than 2 years old

THE CHEROKEE 8A GROUP, INC.

Date Approved

03/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE CHEROKEE 8A GROUP, INC.

Borrower Address

115 N Main St

Borrower City

Wharton

Borrower State

NJ

Borrower Zip

07885-1606

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315000.00

Current Approval Amount

315000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wharton

Project County Name

MORRIS

Project State

NJ

Project Zip

07885-1606

CD

NJ-07

Jobs Reported

7

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

314995.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

316915.89

Forgiveness Date

10/27/2021

;