CHEROKEE TRANSPORT, INC. (KY) - 2020 PPP Loan Borrower Profile (# 5428797001)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CHEROKEE TRANSPORT, 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 Kentucky.
Loan Detail
Loan Number
5428797001
SBA Office Code
0457
Processing Method
PPP
Curent Loan Amount
$26,310
Date Loan was Approved
Apr 5, 2020
Amount Forgiven
$26,459.93
Date Loan was Forgiven
Nov 5, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
6,577
Payroll Proced
19,733
Lender
1st Trust Bank, Inc.
Business Detail
Business Type
Corporation
NAICS
488999
Borrower Location
CHAVIES, KY
Project Location
CHAVIES, KY
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.