CHEER INC. (DE) - 2020 PPP Loan Borrower Profile (# 9788828300)

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

9788828300

SBA Office Code

0341

Processing Method

PPS

Curent Loan Amount

$1,014,980

Date Loan was Approved

Jan 31, 2021

Amount Forgiven

$53,192.51

Date Loan was Forgiven

Dec 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,014,980

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

Labor Market Information (LMI)

Jobs Reported

227

Business Age Description

Existing or more than 2 years old

Data Source: SBA.