PPP Loan information for Choate & company

$1,995,000

Choate & company was initially approved for PPP Loan of amount $1,995,000, the current approved amount is $1,995,000. The loan was approved on 04/06/2020 by The City National Bank reported 48 jobs and $1,995,000 was used to fund payroll.

Choate & company is Existing or more than 2 years old

PPP Loan Search / MN / WACONIA / Choate & company

CHOATE & COMPANY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHOATE & COMPANY

Borrower Address

1320 BEACHCOMBER BLVD

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387-1057

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1995000.00

Current Approval Amount

1995000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-1057

CD

MN-06

Jobs Reported

48

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1496250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

498750.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016589.73

Forgiveness Date

05/21/2021

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