PPP Loan information for Chic teak

$39,955

Chic teak was initially approved for PPP Loan of amount $39,955, the current approved amount is $39,955. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 7 jobs and $39,955 was used to fund payroll.

Chic teak is Existing or more than 2 years old

CHIC TEAK

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHIC TEAK

Borrower Address

8251 STATE HIGHWAY 59

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39955.00

Current Approval Amount

39955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-0001

CD

AL-01

Jobs Reported

7

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39955.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40308.57

Forgiveness Date

03/26/2021

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