PPP Loan information for Chips, inc.

$1,033,900

Chips, inc. was initially approved for PPP Loan of amount $1,033,900, the current approved amount is $1,033,900. The loan was approved on 04/07/2020 by The Blue Ridge Bank, National Association reported 77 jobs and $1,033,900 was used to fund payroll.

Chips, inc. is Existing or more than 2 years old

PPP Loan Search / VA / TROY / Chips, inc.

CHIPS, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHIPS, INC.

Borrower Address

26 ZION PARK RD

Borrower City

TROY

Borrower State

VA

Borrower Zip

22974-2807

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1033900.00

Current Approval Amount

1033900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

LOUISA

Project State

VA

Project Zip

22974-2807

CD

VA-05

Jobs Reported

77

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

155094.00

Payroll Proceed

775471.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

103335.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1040304.44

Forgiveness Date

11/23/2020

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