PPP Loan information for Chegar manufacturing company inc

$163,440

Chegar manufacturing company inc was initially approved for PPP Loan of amount $163,440, the current approved amount is $163,440. The loan was approved on 04/15/2020 by The First Farmers Bank & Trust Co. reported 16 jobs and $163,440 was used to fund payroll.

Chegar manufacturing company inc is New Business or 2 years or less

PPP Loan Search / IN / Windfall / Chegar manufacturing company inc

CHEGAR MANUFACTURING COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CHEGAR MANUFACTURING COMPANY INC

Borrower Address

951 N Independence St

Borrower City

Windfall

Borrower State

IN

Borrower Zip

46076-9213

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163440.00

Current Approval Amount

163440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Windfall

Project County Name

TIPTON

Project State

IN

Project Zip

46076-9213

CD

IN-05

Jobs Reported

16

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163440.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

164604.23

Forgiveness Date

01/07/2021

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