# PPP loan: CHERRYLAKE, INC.
> **$3.56M** approved 04/28/2020 · Paid in Full · Loan `7972727201`
## Borrower
- **Name:** CHERRYLAKE, INC.
- **Address:** 7836 Cherry Lake Rd, Groveland, FL, 34736
- **NAICS:** 111421
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.56M
- **Initial approval:** $3.56M
- **Forgiven:** $3.60M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.56M
- **Jobs reported:** 377
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*