PPP Loan information for Chic distributors inc

$72,015

Chic distributors inc was initially approved for PPP Loan of amount $72,015, the current approved amount is $72,015. The loan was approved on 02/23/2021 by The Peoples Bank reported 10 jobs and $72,015 was used to fund payroll.

Chic distributors inc is Existing or more than 2 years old

PPP Loan Search / NC / Denver / Chic distributors inc

CHIC DISTRIBUTORS INC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CHIC DISTRIBUTORS INC

Borrower Address

5531 Elk Knob Ct

Borrower City

Denver

Borrower State

NC

Borrower Zip

28037-4201

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72015.00

Current Approval Amount

72015.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denver

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-4201

CD

NC-10

Jobs Reported

10

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72010.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

72779.16

Forgiveness Date

03/24/2022

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