PPP Loan information for Chalet restaurant of newport inc.

$222,800

Chalet restaurant of newport inc. was initially approved for PPP Loan of amount $222,800, the current approved amount is $222,800. The loan was approved on 04/09/2020 by The Umpqua Bank reported 33 jobs and $222,800 was used to fund payroll.

Chalet restaurant of newport inc. is Existing or more than 2 years old

CHALET RESTAURANT OF NEWPORT INC.

Date Approved

04/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

CHALET RESTAURANT OF NEWPORT INC.

Borrower Address

2026 N Coast Hwy

Borrower City

NEWPORT

Borrower State

OR

Borrower Zip

97365-1702

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222800.00

Current Approval Amount

222800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-1702

CD

OR-04

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222800.00

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

Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226181.68

Forgiveness Date

11/01/2021

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