Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CHAPPELLE DEVELOPMENT COMPANY
Borrower Address
5030 Northwind Dr Ste 120
Borrower City
EAST LANSING
Borrower State
MI
Borrower Zip
48823-5005
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
266300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57467
Servicing Lender Name
Heartland Bank
Servicing Lender Address
430 N Hamilton Rd
Servicing Lender City
WHITEHALL
Servicing Lender State
OH
Servicing Lender Zip
43213-3067
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
INGHAM
Project State
Project Zip
CD
MI-07
Jobs Reported
NAICS Code
531390
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
199725.00
Mortgage Interest Proceed
Rent Proceed
23967.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
42608
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
268364.74
Forgiveness Date
01/25/2021