PPP Loan information for Chelsun inc.

$239,639

Chelsun inc. was initially approved for PPP Loan of amount $239,639, the current approved amount is $239,639. The loan was approved on 01/27/2021 by The First Bank of the Lake reported 43 jobs and $239,639 was used to fund payroll.

Chelsun inc. is Existing or more than 2 years old

CHELSUN INC.

Date Approved

01/27/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

CHELSUN INC.

Borrower Address

1601 Concord Pike Ste 43-47

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19803-3612

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239639.17

Current Approval Amount

239639.17

Undisbursed Amount

0.00

Franchise Name

The Melting Pot

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19803-3612

CD

DE-

Jobs Reported

43

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

239634.17

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242235.26

Forgiveness Date

03/14/2022

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