# PPP loan: CHERRYTREE COMPANIES, LLC
> **$162K** approved 04/07/2020 · Paid in Full · Loan `6627297001`
## Borrower
- **Name:** CHERRYTREE COMPANIES, LLC
- **Address:** 201 BONITA AVE, BRADFORD, IL, 61421-5305
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 13
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*