Date Approved
05/06/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CHESTNUT STREET, INC.
Borrower Address
835 W 11 Mile Road
Borrower City
MADISON HEIGHTS
Borrower State
MI
Borrower Zip
48071
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
95700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24037
Servicing Lender Name
First Merchants Bank
Servicing Lender Address
200 E Jackson St
Servicing Lender City
MUNCIE
Servicing Lender State
IN
Servicing Lender Zip
47305-2835
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
48071-0001
CD
MI-11
Jobs Reported
15
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
96911.33
Forgiveness Date
08/12/2021