PPP Loan information for Cronic, inc.

$522,877

Cronic, inc. was initially approved for PPP Loan of amount $522,877, the current approved amount is $522,877. The loan was approved on 04/15/2020 by The United Bank reported 45 jobs and $522,877 was used to fund payroll.

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

PPP Loan Search / GA / GRIFFIN / Cronic, inc.

CRONIC, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CRONIC, INC.

Borrower Address

2515 NORTH EXPRESSWAY

Borrower City

GRIFFIN

Borrower State

GA

Borrower Zip

30223-7200

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522877.00

Current Approval Amount

522877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRIFFIN

Project County Name

SPALDING

Project State

GA

Project Zip

30223-7200

CD

GA-03

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26144.00

Payroll Proceed

470589.00

Mortgage Interest Proceed

26144.00

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

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

527815.28

Forgiveness Date

03/31/2021

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