PPP Loan information for Chestnut development llc

$171,500

Chestnut development llc was initially approved for PPP Loan of amount $171,500, the current approved amount is $171,500. The loan was approved on 04/10/2020 by The Michigan State University FCU reported 21 jobs and $171,500 was used to fund payroll.

Chestnut development llc is Existing or more than 2 years old

CHESTNUT DEVELOPMENT LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHESTNUT DEVELOPMENT LLC

Borrower Address

6253 Grand River Ave, Suite 700

Borrower City

Brighton

Borrower State

MI

Borrower Zip

48114-5327

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171500.00

Current Approval Amount

171500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99188

Servicing Lender Name

Michigan State University FCU

Servicing Lender Address

3777 West Rd

Servicing Lender City

EAST LANSING

Servicing Lender State

MI

Servicing Lender Zip

48823-8029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48114-5327

CD

MI-07

Jobs Reported

21

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

169500.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

99188

Originating Lender

Michigan State University FCU

Originating Lender City

EAST LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173074.04

Forgiveness Date

03/19/2021

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