Cherry Bay Orchards, Inc.
$368,000 PPP Loan in Suttons Bay, Michigan
Loan Details
- Loan Number
- 5835867104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $368,000
- Current Approval
- $368,000
- Forgiveness Amount
- $369,963
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cherry Bay Orchards, Inc.
- Address
- 2801 N. Jacobson Rd
- City
- Suttons Bay
- State
- Michigan
- ZIP Code
- 49682-9706
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111339)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $300,000
- Rent
- $17,000
- Utilities
- $17,000
- Mortgage Interest
- $17,000
- Debt Interest
- $17,000
Lender Information
- Servicing Lender
- Greenstone Farm Credit Services, Aca
- Originating Lender
- Greenstone Farm Credit Services, Aca
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