CHEER, INC. (DE) - 2020 PPP Loan Borrower Profile (# 9388247210)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CHEER, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
9388247210
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$879,525
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$882,357
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
879,525
Lender
Grow America Fund, Incorporated
Business Detail
Business Type
Non-Profit Organization
NAICS
621610
Borrower Location
Georgetown, DE
Project Location
Georgetown, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
186
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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