# PPP loan: CHEERS INCORPORATED
> **$194K** approved 04/07/2020 · Paid in Full · Loan `7419917008`
## Borrower
- **Name:** CHEERS INCORPORATED
- **Address:** 2010 N VAN BUREN ST, LITTLE ROCK, AR, 72207-4740
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 33
## Lender
- **Originating:** Arkansas Capital Corporation
- **Servicing:** Arkansas Capital Corporation (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*