PPP Loan information for Choate, inc

$84,743

Choate, inc was initially approved for PPP Loan of amount $84,743, the current approved amount is $84,743. The loan was approved on 04/06/2020 by The Morgantown Bank & Trust Company, Inc. reported 5 jobs and $84,743 was used to fund payroll.

Choate, inc is Existing or more than 2 years old

CHOATE, INC

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CHOATE, INC

Borrower Address

1649 SCOTTSVILLE RD

Borrower City

BOWLING GREEN

Borrower State

KY

Borrower Zip

42104-3244

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84743.32

Current Approval Amount

84743.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27627

Servicing Lender Name

Morgantown Bank & Trust Company, Inc.

Servicing Lender Address

201 N Main St

Servicing Lender City

MORGANTOWN

Servicing Lender State

KY

Servicing Lender Zip

42261-7914

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWLING GREEN

Project County Name

WARREN

Project State

KY

Project Zip

42104-3244

CD

KY-02

Jobs Reported

5

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84743.32

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

27627

Originating Lender

Morgantown Bank & Trust Company, Inc.

Originating Lender City

MORGANTOWN

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85275.00

Forgiveness Date

11/25/2020

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