PPP Loan information for Chai wala inc

$61,200

Chai wala inc was initially approved for PPP Loan of amount $61,200, the current approved amount is $61,200. The loan was approved on 04/28/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 12 jobs and $61,200 was used to fund payroll.

Chai wala inc is Existing or more than 2 years old

CHAI WALA INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHAI WALA INC

Borrower Address

421 N Broadway

Borrower City

PENNSVILLE

Borrower State

NJ

Borrower Zip

08070-1002

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61200.00

Current Approval Amount

61200.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PENNSVILLE

Project County Name

SALEM

Project State

NJ

Project Zip

08070-1002

CD

NJ-02

Jobs Reported

12

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12240.00

Payroll Proceed

48960.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61941.20

Forgiveness Date

07/09/2021

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