PPP Loan information for Chelsea tool, inc.

$46,053

Chelsea tool, inc. was initially approved for PPP Loan of amount $46,053, the current approved amount is $46,053. The loan was approved on 07/21/2020 by The Chelsea State Bank reported 6 jobs and $46,053 was used to fund payroll.

Chelsea tool, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CHELSEA / Chelsea tool, inc.

CHELSEA TOOL, INC.

Date Approved

07/21/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHELSEA TOOL, INC.

Borrower Address

20401 OLD US HIGHWAY 12

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-2300

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46052.50

Current Approval Amount

46052.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-2300

CD

MI-06

Jobs Reported

6

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46052.50

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40181.98

Forgiveness Date

11/19/2020

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