# PPP loan: CHEROKEE INSTRUMENTS INC
> **$427K** approved 05/01/2020 · Paid in Full · Loan `1154497804`
## Borrower
- **Name:** CHEROKEE INSTRUMENTS INC
- **Address:** 100 LOGAN CT, ANGIER, NC, 27501-8591
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 29
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*