# PPP loan: JIM CHERRY INTEREST INC
> **$646K** approved 04/09/2020 · Paid in Full · Loan `9092987003`
## Borrower
- **Name:** JIM CHERRY INTEREST INC
- **Address:** 400 Indian Trail Rd N, INDIAN TRAIL, NC, 28079-7625
- **NAICS:** 424320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $646K
- **Initial approval:** $646K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $646K
- **Jobs reported:** 72
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*