Date Approved
02/10/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
CHAPPELLE DEVELOPMENT COMPANY
Borrower Address
5030 Northwind Dr Ste 120
Borrower City
East Lansing
Borrower State
MI
Borrower Zip
48823-5007
Loan Status Date
01/20/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
248652.50
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
29
NAICS Code
531311
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
248650.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
250832.47
Forgiveness Date
12/29/2021