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
- City
- Myrtle Beach
- State
- South Carolina
- 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
Other PPP Loans in Myrtle Beach, SC
| Business | Approved | |
|---|---|---|
| Capital Vacations, LLC | $10,000,000 | |
| Cmac Inc. | $5,699,700 | |
| J & L Services INC | $2,507,095 | |
| Founders National Golf, LLC | $2,222,500 | |
| Burroughs & Chapin Trs, INC | $2,143,700 |
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