PPP Loan information for Chawla development, inc.

$70,900

Chawla development, inc. was initially approved for PPP Loan of amount $70,900, the current approved amount is $70,900. The loan was approved on 01/14/2021 by The Planters Bank & Trust Company reported 12 jobs and $70,900 was used to fund payroll.

Chawla development, inc. is Existing or more than 2 years old

CHAWLA DEVELOPMENT, INC.

Date Approved

01/14/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

CHAWLA DEVELOPMENT, INC.

Borrower Address

1541 Sunset Drive

Borrower City

Grenada

Borrower State

MS

Borrower Zip

38901

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70900.00

Current Approval Amount

70900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grenada

Project County Name

TALLAHATCHIE

Project State

MS

Project Zip

38901

CD

MS-02

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70897.00

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

Corporation

Originating Lender Location Id

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71234.10

Forgiveness Date

07/19/2021

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