PPP Loan information for Chears inc.

$67,038

Chears inc. was initially approved for PPP Loan of amount $67,038, the current approved amount is $67,038. The loan was approved on 02/12/2021 by The PS Bank reported 25 jobs and $67,038 was used to fund payroll.

Chears inc. is Existing or more than 2 years old

PPP Loan Search / PA / Clarks Summit / Chears inc.

CHEARS INC.

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

CHEARS INC.

Borrower Address

218 Depot St

Borrower City

Clarks Summit

Borrower State

PA

Borrower Zip

18411-1842

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67038.00

Current Approval Amount

67038.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65437

Servicing Lender Name

PS Bank

Servicing Lender Address

76 Church St

Servicing Lender City

WYALUSING

Servicing Lender State

PA

Servicing Lender Zip

18853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarks Summit

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18411-1842

CD

PA-08

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

67036.00

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

65437

Originating Lender

PS Bank

Originating Lender City

WYALUSING

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67527.75

Forgiveness Date

11/10/2021

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