PPP Loan information for Chambers motors inc

$632,500

Chambers motors inc was initially approved for PPP Loan of amount $632,500, the current approved amount is $632,500. The loan was approved on 04/30/2020 by The Shore United Bank, National Association reported 42 jobs and $632,500 was used to fund payroll.

Chambers motors inc is Existing or more than 2 years old

PPP Loan Search / DE / SEAFORD / Chambers motors inc

CHAMBERS MOTORS INC

Date Approved

04/30/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CHAMBERS MOTORS INC

Borrower Address

20610 SUSSEX HWY PO Box 494

Borrower City

SEAFORD

Borrower State

DE

Borrower Zip

19973-5684

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

632500.00

Current Approval Amount

632500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SEAFORD

Project County Name

SUSSEX

Project State

DE

Project Zip

19973-5684

CD

DE-

Jobs Reported

42

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

632500.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

640523.22

Forgiveness Date

08/19/2021

;