# PPP loan: CHERRYWOOD NURSING AND LIVING CENTER INC.
> **$2.00M** approved 03/23/2021 · Paid in Full · Loan `7542698604`
## Borrower
- **Name:** CHERRYWOOD NURSING AND LIVING CENTER INC.
- **Address:** 34643 Ketsin Dr, Sterling Heights, MI, 48310-5235
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 188
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*