PPP Loan information for Chip's, inc.

$197,894

Chip's, inc. was initially approved for PPP Loan of amount $197,894, the current approved amount is $197,894. The loan was approved on 04/11/2020 by The WesBanco Bank, Inc. reported 14 jobs and $197,894 was used to fund payroll.

Chip's, inc. is Existing or more than 2 years old

PPP Loan Search / MD / HUNTINGTOWN / Chip's, inc.

CHIP'S, INC.

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHIP'S, INC.

Borrower Address

5611 SOLOMONS ISLAND RD

Borrower City

HUNTINGTOWN

Borrower State

MD

Borrower Zip

20639-8868

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197894.00

Current Approval Amount

197894.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTOWN

Project County Name

CALVERT

Project State

MD

Project Zip

20639-8868

CD

MD-05

Jobs Reported

14

NAICS Code

488410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197894.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199883.78

Forgiveness Date

04/26/2021

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