PPP Loan information for Chello, inc.

$213,100

Chello, inc. was initially approved for PPP Loan of amount $213,100, the current approved amount is $213,100. The loan was approved on 04/14/2020 by The TowneBank reported 89 jobs and $213,100 was used to fund payroll.

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

CHELLO, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHELLO, INC.

Borrower Address

1836 N Virginia Dare Trail

Borrower City

KILL DEVIL HILLS

Borrower State

NC

Borrower Zip

27948

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213100.00

Current Approval Amount

213100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KILL DEVIL HILLS

Project County Name

DARE

Project State

NC

Project Zip

27948-0001

CD

NC-03

Jobs Reported

89

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213100.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

215544.73

Forgiveness Date

06/15/2021

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