Cherry Republic, Inc.
$1,278,500 PPP Loan in Glen Arbor, Michigan
Loan Details
- Loan Number
- 9940457001
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,278,500
- Current Approval
- $1,278,500
- Forgiveness Amount
- $1,290,304
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cherry Republic, Inc.
- Address
- 6026 S Lake St
- City
- Glen Arbor
- State
- Michigan
- ZIP Code
- 49636-5115
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (311821)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 106
- Estimated Revenue
- $37.4M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $1,212,500
- Rent
- $45,000
- Utilities
- $15,000
- Mortgage Interest
- $6,000
Lender Information
- Servicing Lender
- Independent Bank
- Originating Lender
- Independent Bank
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