PPP Loan information for Chelace brand inc

$160,300

Chelace brand inc was initially approved for PPP Loan of amount $160,300, the current approved amount is $160,300. The loan was approved on 04/13/2020 by The Bremer Bank, National Association reported 35 jobs and $160,300 was used to fund payroll.

Chelace brand inc is Existing or more than 2 years old

CHELACE BRAND INC

Date Approved

04/13/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

CHELACE BRAND INC

Borrower Address

19 Huntington Wood Estates Drive

Borrower City

TOMBALL

Borrower State

TX

Borrower Zip

77377

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160300.00

Current Approval Amount

160300.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOMBALL

Project County Name

HARRIS

Project State

TX

Project Zip

77377-0001

CD

TX-10

Jobs Reported

35

NAICS Code

722513

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160300.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

162706.70

Forgiveness Date

10/14/2021

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