PPP Loan information for Cheers sports inc

$159,136

Cheers sports inc was initially approved for PPP Loan of amount $159,136, the current approved amount is $159,136. The loan was approved on 01/31/2021 by The Bank of Clarke reported 10 jobs and $159,136 was used to fund payroll.

Cheers sports inc is Existing or more than 2 years old

PPP Loan Search / VA / Ashburn / Cheers sports inc

CHEERS SPORTS INC

Date Approved

01/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CHEERS SPORTS INC

Borrower Address

20700 Loudoun County Pkwy Ste 184

Borrower City

Ashburn

Borrower State

VA

Borrower Zip

20147-2931

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159136.00

Current Approval Amount

159136.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73092

Servicing Lender Name

Bank of Clarke

Servicing Lender Address

2 E Main St

Servicing Lender City

BERRYVILLE

Servicing Lender State

VA

Servicing Lender Zip

22611-1338

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashburn

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-2931

CD

VA-10

Jobs Reported

10

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159136.00

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

73092

Originating Lender

Bank of Clarke

Originating Lender City

BERRYVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160356.04

Forgiveness Date

11/09/2021

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