# PPP loan: CHERRY CREEK 101 INC.
> **$792K** approved 04/14/2020 · Paid in Full · Loan `6973057100`
## Borrower
- **Name:** CHERRY CREEK 101 INC.
- **Address:** 2329 Pleasant View Dr, Rochester Hills, MI, 48306
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $792K
- **Initial approval:** $792K
- **Forgiven:** $801K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $792K
- **Jobs reported:** 254
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*