PPP Loan information for Chesley electric inc

$220,517

Chesley electric inc was initially approved for PPP Loan of amount $45,941, the current approved amount is $220,517. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 17 jobs and $220,517 was used to fund payroll.

Chesley electric inc is Existing or more than 2 years old

PPP Loan Search / UT / PARK CITY / Chesley electric inc

CHESLEY ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CHESLEY ELECTRIC INC

Borrower Address

6421 BUSINESS RD

Borrower City

PARK CITY

Borrower State

UT

Borrower Zip

84098

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45941.00

Current Approval Amount

220517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK CITY

Project County Name

SUMMIT

Project State

UT

Project Zip

84098-0007

CD

UT-01

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220517.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222697.67

Forgiveness Date

05/11/2021

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