PPP Loan information for Cheers wine & liquor, inc.

$61,570

Cheers wine & liquor, inc. was initially approved for PPP Loan of amount $61,570, the current approved amount is $61,570. The loan was approved on 04/13/2020 by The First Freedom Bank reported 20 jobs and $61,570 was used to fund payroll.

Cheers wine & liquor, inc. is Existing or more than 2 years old

CHEERS WINE & LIQUOR, INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CHEERS WINE & LIQUOR, INC.

Borrower Address

325 HIGHWAY 109 North

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37090-6014

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61570.00

Current Approval Amount

61570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440697

Servicing Lender Name

First Freedom Bank

Servicing Lender Address

1620 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37090-6014

CD

TN-06

Jobs Reported

20

NAICS Code

445310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46177.50

Mortgage Interest Proceed

0.00

Rent Proceed

15392.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

440697

Originating Lender

First Freedom Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62264.37

Forgiveness Date

05/25/2021

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