PPP Loan information for Cherry ranch

$67,444

Cherry ranch was initially approved for PPP Loan of amount $67,444, the current approved amount is $67,444. The loan was approved on 05/21/2020 by The Welch State Bank of Welch, Okla. reported 11 jobs and $67,444 was used to fund payroll.

Cherry ranch is Existing or more than 2 years old

CHERRY RANCH

Date Approved

05/21/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

CHERRY RANCH

Borrower Address

441170 E. 210 RD

Borrower City

VINITA

Borrower State

OK

Borrower Zip

74301-5649

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67444.15

Current Approval Amount

67444.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59505

Servicing Lender Name

Welch State Bank of Welch, Okla.

Servicing Lender Address

396 S Commercial St

Servicing Lender City

WELCH

Servicing Lender State

OK

Servicing Lender Zip

74369-8712

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINITA

Project County Name

CRAIG

Project State

OK

Project Zip

74301-5649

CD

OK-02

Jobs Reported

11

NAICS Code

112111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6744.83

Payroll Proceed

53955.32

Mortgage Interest Proceed

6744.00

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

59505

Originating Lender

Welch State Bank of Welch, Okla.

Originating Lender City

WELCH

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67695.19

Forgiveness Date

10/13/2020

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