PPP Loan information for Cherry city metals

$875,492

Cherry city metals was initially approved for PPP Loan of amount $875,492, the current approved amount is $875,492. The loan was approved on 01/22/2021 by The Umpqua Bank reported 72 jobs and $875,492 was used to fund payroll.

Cherry city metals is Existing or more than 2 years old

PPP Loan Search / OR / Salem / Cherry city metals

CHERRY CITY METALS

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

CHERRY CITY METALS

Borrower Address

3155 Kanz Ct NE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97301-0368

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875492.00

Current Approval Amount

875492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97301-0368

CD

OR-05

Jobs Reported

72

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

875491.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

879401.73

Forgiveness Date

07/14/2021

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