PPP Loan information for Blue chip financial, inc.

$74,857

Blue chip financial, inc. was initially approved for PPP Loan of amount $74,857, the current approved amount is $74,857. The loan was approved on 04/28/2020 by The RiverWood Bank reported 5 jobs and $74,857 was used to fund payroll.

Blue chip financial, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WAITE PARK / Blue chip financial, inc.

BLUE CHIP FINANCIAL, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLUE CHIP FINANCIAL, INC.

Borrower Address

49 2ND AVE N Ste 101

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-6101

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74857.00

Current Approval Amount

74857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-6101

CD

MN-06

Jobs Reported

5

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2971.00

Payroll Proceed

59886.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75443.38

Forgiveness Date

02/16/2021

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