# PPP loan: CHEROKEE GIN & COTTON COMPANY
> **$259K** approved 05/20/2021 · Paid in Full · Loan `4421929009`
## Borrower
- **Name:** CHEROKEE GIN & COTTON COMPANY
- **Address:** 6000 US Highway 411 N, Centre, AL, 35960-7920
- **NAICS:** 115111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 14
## Lender
- **Originating:** The Bank of Vernon
- **Servicing:** The Bank of Vernon (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*