PPP Loan information for Chuck's grinding inc.

$101,800

Chuck's grinding inc. was initially approved for PPP Loan of amount $101,800, the current approved amount is $101,800. The loan was approved on 01/26/2021 by The First Minnetonka City Bank reported 14 jobs and $101,800 was used to fund payroll.

Chuck's grinding inc. is Existing or more than 2 years old

CHUCK'S GRINDING INC.

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CHUCK'S GRINDING INC.

Borrower Address

8345 Commerce Dr

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-8427

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101800.00

Current Approval Amount

101800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-8427

CD

MN-06

Jobs Reported

14

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

101798.00

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

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

102880.21

Forgiveness Date

02/16/2022

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