Cherokee Gin & Cotton Company
$264,055 PPP Loan in Centre, Alabama
Loan Details
- Loan Number
- 7390597101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $264,055
- Current Approval
- $264,055
- Forgiveness Amount
- $266,329
- Forgiveness Date
- Feb 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cherokee Gin & Cotton Company
- Address
- 6000 US Highway 411 North
- City
- Centre
- State
- Alabama
- ZIP Code
- 35960-7920
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (115111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-03
Loan Use Breakdown
- Payroll
- $211,244
- Rent
- $16,571
- Utilities
- $36,240
Lender Information
- Servicing Lender
- First Fidelity Bank
- Originating Lender
- First Fidelity Bank
Other PPP Loans in Centre, AL
| Business | Approved | |
|---|---|---|
| The Cherokee County Health Care Authority | $1,840,500 |  Research |
| Cherokee Gin & Cotton Company | $259,372 | Research |
| Model Tees | $258,500 | Research |
| David Crawford | $252,500 | Research |
| Cherokee Farmers Cooperative, INC | $234,445 | Research |
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