PPP Loan information for Chalet of niles, llc

$501,507

Chalet of niles, llc was initially approved for PPP Loan of amount $501,507, the current approved amount is $501,507. The loan was approved on 05/19/2020 by The Valley National Bank reported 62 jobs and $501,507 was used to fund payroll.

Chalet of niles, llc is Existing or more than 2 years old

CHALET OF NILES, LLC

Date Approved

05/19/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHALET OF NILES, LLC

Borrower Address

911 S. 3RD ST

Borrower City

NILES

Borrower State

MI

Borrower Zip

49120-3414

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501507.00

Current Approval Amount

501507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NILES

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-3414

CD

MI-06

Jobs Reported

62

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501507.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506758.89

Forgiveness Date

06/11/2021

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