PPP Loan information for Chips and grinds inc.

$14,500

Chips and grinds inc. was initially approved for PPP Loan of amount $14,500, the current approved amount is $14,500. The loan was approved on 02/24/2021 by The Farmers State Bank reported 1 jobs and $14,500 was used to fund payroll.

Chips and grinds inc. is Existing or more than 2 years old

PPP Loan Search / IA / Marion / Chips and grinds inc.

CHIPS AND GRINDS INC.

Date Approved

02/24/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

CHIPS AND GRINDS INC.

Borrower Address

1805 Red Fox Way

Borrower City

Marion

Borrower State

IA

Borrower Zip

52302-9444

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14500.00

Current Approval Amount

14500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LINN

Project State

IA

Project Zip

52302-9444

CD

IA-02

Jobs Reported

1

NAICS Code

423810

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14497.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14562.03

Forgiveness Date

07/30/2021

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