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 04/08/2020 by The First Minnetonka City Bank reported 12 jobs and $101,800 was used to fund payroll.

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

PPP Loan Search / MN / CHANHASSEN / Chuck's grinding inc

CHUCK'S GRINDING INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHUCK'S GRINDING INC

Borrower Address

8345 COMMERCE DR

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-8427

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

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

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

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

Non-Veteran

Non Profit

Forgiveness Amount

102571.98

Forgiveness Date

01/14/2021

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