PPP Loan information for Chaves automotive inc.

$360,979

Chaves automotive inc. was initially approved for PPP Loan of amount $360,979, the current approved amount is $360,979. The loan was approved on 02/17/2021 by The Provident Bank reported 25 jobs and $360,979 was used to fund payroll.

Chaves automotive inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Bridgewater / Chaves automotive inc.

CHAVES AUTOMOTIVE INC.

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CHAVES AUTOMOTIVE INC.

Borrower Address

26 Kearney Street

Borrower City

Bridgewater

Borrower State

NJ

Borrower Zip

08807

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

360978.76

Current Approval Amount

360978.76

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bridgewater

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807

CD

NJ-07

Jobs Reported

25

NAICS Code

811121

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

360973.76

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

364964.36

Forgiveness Date

03/31/2022

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