PPP Loan information for Chester limited, inc.

$1,598,183

Chester limited, inc. was initially approved for PPP Loan of amount $1,598,183, the current approved amount is $1,598,183. The loan was approved on 04/27/2020 by The Mercantile Bank reported 121 jobs and $1,598,183 was used to fund payroll.

Chester limited, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER / Chester limited, inc.

CHESTER LIMITED, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHESTER LIMITED, INC.

Borrower Address

341 RIDGEWOOD RD

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48306-2643

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1598183.02

Current Approval Amount

1598183.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OAKLAND

Project State

MI

Project Zip

48306-2643

CD

MI-09

Jobs Reported

121

NAICS Code

423730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

72404.98

Payroll Proceed

1198637.26

Mortgage Interest Proceed

0.00

Rent Proceed

253729.68

Refinance EIDL Proceed

0.00

Health Care Proceed

46711.10

Debt Interest Proceed

26700

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1611887.99

Forgiveness Date

03/11/2021

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