Cherry Tree INC

$652,512 PPP Loan in Cape May, New Jersey

Loan Details

Loan Number
2211098310
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$652,512
Current Approval
$652,512
Forgiveness Amount
$655,920
Forgiveness Date
Aug 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Cherry Tree INC
Address
801 Washington St
ZIP Code
08204-1651
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
NJ-02

Loan Use Breakdown

Payroll
$652,509
Utilities
$1

Lender Information

Servicing Lender
Sturdy Savings Bank
Originating Lender
Sturdy Savings Bank

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