PPP Loan information for The cherry bowl, inc.

$69,400

The cherry bowl, inc. was initially approved for PPP Loan of amount $69,400, the current approved amount is $69,400. The loan was approved on 04/15/2020 by The Northwest Bank of Rockford reported 24 jobs and $69,400 was used to fund payroll.

The cherry bowl, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / The cherry bowl, inc.

THE CHERRY BOWL, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE CHERRY BOWL, INC.

Borrower Address

7171 Cherryvale North Blvd

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61112-1022

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69400.00

Current Approval Amount

69400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61112-1022

CD

IL-16

Jobs Reported

24

NAICS Code

713950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17350.00

Payroll Proceed

52050.00

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

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70016.89

Forgiveness Date

03/11/2021

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