ALEXIS CHERRY (IA) - 2020 PPP Loan Borrower Profile (# 3117319004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEXIS CHERRY. 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 Iowa.

Loan Detail

Loan Number

3117319004

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

May 18, 2021

Amount Forgiven

$20,880.45

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,833

Lender

Fountainhead SBF LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

561499

Borrower Location

Cedar Rapids, IA

Project Location

Cedar Rapids, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.