PPP Loan information for Chestnut street inc.

$134,113

Chestnut street inc. was initially approved for PPP Loan of amount $134,113, the current approved amount is $134,113. The loan was approved on 04/08/2021 by The First Merchants Bank reported 15 jobs and $134,113 was used to fund payroll.

Chestnut street inc. is Existing or more than 2 years old

CHESTNUT STREET INC.

Date Approved

04/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHESTNUT STREET INC.

Borrower Address

835 W 11 MILE ROAD

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-3101

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

134113.00

Current Approval Amount

134113.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-3101

CD

MI-11

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

134108.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135854.63

Forgiveness Date

07/28/2022

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