# PPP loan: CHEROKEE RESOURCES INC.
> **$746K** approved 02/11/2021 · Paid in Full · Loan `7128918407`
## Borrower
- **Name:** CHEROKEE RESOURCES INC.
- **Address:** 1500 Mill Creek RdMount. Hope WV 25880, Mount Hope, WV, 25880
- **NAICS:** 213113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $746K
- **Initial approval:** $746K
- **Forgiven:** $750K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $746K
- **Jobs reported:** 29
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*