PPP Loan information for Chawla & sons, inc

$69,500

Chawla & sons, inc was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 04/04/2020 by The Planters Bank & Trust Company reported 12 jobs and $69,500 was used to fund payroll.

Chawla & sons, inc is Existing or more than 2 years old

PPP Loan Search / MS / CLEVELAND / Chawla & sons, inc

CHAWLA & SONS, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CHAWLA & SONS, INC

Borrower Address

808 North Davis Ave

Borrower City

CLEVELAND

Borrower State

MS

Borrower Zip

38732-2104

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

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

CLEVELAND

Project County Name

BOLIVAR

Project State

MS

Project Zip

38732-2104

CD

MS-02

Jobs Reported

12

NAICS Code

721110

Race

Native Hawaiian or Other Pacific Islander

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17375.00

Payroll Proceed

52125.00

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

70012.21

Forgiveness Date

01/08/2021

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