Cherokee Motor Company LLC

$50,028 PPP Loan in Odenville, Alabama

Loan Details

Loan Number
4482737110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$50,028
Current Approval
$50,028
Forgiveness Amount
$50,428
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cherokee Motor Company LLC
Address
9571 US Highway 411
State
Alabama
ZIP Code
35120-4729
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$42,360
Rent
$6,000
Utilities
$1,668

Lender Information

Servicing Lender
First Southern State Bank
Originating Lender
First Southern State Bank

Other PPP Loans in Odenville, AL

BusinessApproved
Hnr Plumbing, Inc.$466,700NewBizBotAI Deep Dive
Triple R Metals INC$309,500NewBizBotAI Deep Dive
Scott Johnson Construction$268,515NewBizBotAI Deep Dive
Branchville Animal Hospital, Inc.$224,945NewBizBotAI Deep Dive
Samara LLC$150,000NewBizBotAI Deep Dive

Want to research this company further?