PPP Loan information for Cheers wines and spirits

$103,152

Cheers wines and spirits was initially approved for PPP Loan of amount $103,152, the current approved amount is $103,152. The loan was approved on 04/09/2020 by The BankTennessee reported 23 jobs and $103,152 was used to fund payroll.

Cheers wines and spirits is Existing or more than 2 years old

CHEERS WINES AND SPIRITS

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CHEERS WINES AND SPIRITS

Borrower Address

366 NEW BYHALIA RD

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-3706

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103151.67

Current Approval Amount

103151.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122149

Servicing Lender Name

BankTennessee

Servicing Lender Address

1125 W Poplar Ave

Servicing Lender City

COLLIERVILLE

Servicing Lender State

TN

Servicing Lender Zip

38017-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-3706

CD

TN-08

Jobs Reported

23

NAICS Code

445310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103151.67

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

Sole Proprietorship

Originating Lender Location Id

122149

Originating Lender

BankTennessee

Originating Lender City

COLLIERVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93718.34

Forgiveness Date

11/23/2020

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