CHERRY BUTTE COMPANY (ND) - 2020 PPP Loan Borrower Profile (# 2230377103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHERRY BUTTE COMPANY. 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 North Dakota.

Loan Detail

Loan Number

2230377103

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$153,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$155,376.11

Date Loan was Forgiven

Jun 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,000

Payroll Proced

115,125

Mortgage Interest Proceed

15,375

Rent Proceed

15,000

Lender

Dakota Western Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

REGENT, ND

Project Location

REGENT, ND

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.