PPP Loan information for Chardam gear company, inc.

$2,713,600

Chardam gear company, inc. was initially approved for PPP Loan of amount $2,713,600, the current approved amount is $2,713,600. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 161 jobs and $2,713,600 was used to fund payroll.

Chardam gear company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Chardam gear company, inc.

CHARDAM GEAR COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHARDAM GEAR COMPANY, INC.

Borrower Address

40805 Mound Rd

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48310-2258

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2713600.00

Current Approval Amount

2713600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48310-2258

CD

MI-10

Jobs Reported

161

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2713600.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2763113.91

Forgiveness Date

02/09/2022

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