PPP Loan information for Chancellor inc

$1,108,340

Chancellor inc was initially approved for PPP Loan of amount $1,108,340, the current approved amount is $1,108,340. The loan was approved on 04/09/2020 by The The Citizens National Bank of Meridian reported 87 jobs and $1,108,340 was used to fund payroll.

Chancellor inc is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Chancellor inc

CHANCELLOR INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CHANCELLOR INC

Borrower Address

1228 W 5TH ST

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-3808

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1108340.00

Current Approval Amount

1108340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-3808

CD

MS-04

Jobs Reported

87

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

110834.00

Payroll Proceed

886672.00

Mortgage Interest Proceed

110834.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1117914.83

Forgiveness Date

02/19/2021

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