# PPP loan: THE CHERRY HUT L.L.C.
> **$240K** approved 06/09/2020 · Paid in Full · Loan `9858217806`
## Borrower
- **Name:** THE CHERRY HUT L.L.C.
- **Address:** 211 N MICHIGAN AVE, BEULAH, MI, 49617-9299
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 30
## Lender
- **Originating:** State Savings Bank
- **Servicing:** State Savings Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*