PPP Loan information for Champion chisel works, inc.

$213,700

Champion chisel works, inc. was initially approved for PPP Loan of amount $213,700, the current approved amount is $213,700. The loan was approved on 04/15/2020 by The Sauk Valley Bank & Trust Company reported 16 jobs and $213,700 was used to fund payroll.

Champion chisel works, inc. is Existing or more than 2 years old

CHAMPION CHISEL WORKS, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHAMPION CHISEL WORKS, INC.

Borrower Address

804 E. 18TH ST

Borrower City

ROCK FALLS

Borrower State

IL

Borrower Zip

61071-2128

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213700.00

Current Approval Amount

213700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124000

Servicing Lender Name

Sauk Valley Bank & Trust Company

Servicing Lender Address

201 W 3rd St

Servicing Lender City

STERLING

Servicing Lender State

IL

Servicing Lender Zip

61081-3506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK FALLS

Project County Name

WHITESIDE

Project State

IL

Project Zip

61071-2128

CD

IL-17

Jobs Reported

16

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213700.00

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

Subchapter S Corporation

Originating Lender Location Id

124000

Originating Lender

Sauk Valley Bank & Trust Company

Originating Lender City

STERLING

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

215961.66

Forgiveness Date

05/11/2021

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