PPP Loan information for Chip transit, inc.

$183,900

Chip transit, inc. was initially approved for PPP Loan of amount $183,900, the current approved amount is $183,900. The loan was approved on 04/28/2020 by The Primis Bank reported 18 jobs and $183,900 was used to fund payroll.

Chip transit, inc. is Existing or more than 2 years old

CHIP TRANSIT, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHIP TRANSIT, INC.

Borrower Address

23437 Jerusalem Road P.O. Box 98

Borrower City

Courtland

Borrower State

VA

Borrower Zip

23837

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183900.00

Current Approval Amount

183900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Courtland

Project County Name

SOUTHAMPTON

Project State

VA

Project Zip

23837-0001

CD

VA-02

Jobs Reported

18

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183900.00

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

Corporation

Originating Lender Location Id

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185613.04

Forgiveness Date

04/06/2021

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