PPP Loan information for Champ automotive llc

$26,827

Champ automotive llc was initially approved for PPP Loan of amount $26,827, the current approved amount is $26,827. The loan was approved on 04/28/2020 by The Cornerstone Bank reported 7 jobs and $26,827 was used to fund payroll.

Champ automotive llc is Existing or more than 2 years old

PPP Loan Search / IA / CLARINDA / Champ automotive llc

CHAMP AUTOMOTIVE LLC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CHAMP AUTOMOTIVE LLC

Borrower Address

206 E Page St

Borrower City

CLARINDA

Borrower State

IA

Borrower Zip

51632-3100

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26826.70

Current Approval Amount

26826.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85790

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

123 E Main St

Servicing Lender City

CLARINDA

Servicing Lender State

IA

Servicing Lender Zip

51632-2110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARINDA

Project County Name

PAGE

Project State

IA

Project Zip

51632-3100

CD

IA-03

Jobs Reported

7

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5365.34

Payroll Proceed

21461.36

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

Subchapter S Corporation

Originating Lender Location Id

85790

Originating Lender

Cornerstone Bank

Originating Lender City

CLARINDA

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

27013.00

Forgiveness Date

01/07/2021

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