Cherry Lake INC

$518,700 PPP Loan in Myrtle Beach, South Carolina

Loan Details

Loan Number
8803668305
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$518,700
Current Approval
$518,700
Forgiveness Amount
$524,089
Forgiveness Date
Feb 15, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Cherry Lake INC
Address
1421 Dividend Loop
ZIP Code
29577-1870
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (448150)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$518,696
Utilities
$1

Lender Information

Servicing Lender
South Atlantic Bank
Originating Lender
South Atlantic Bank

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