PPP Loan information for Chaco ventures

$96,600

Chaco ventures was initially approved for PPP Loan of amount $96,600, the current approved amount is $96,600. The loan was approved on 03/12/2021 by The Truist Bank reported 29 jobs and $96,600 was used to fund payroll.

Chaco ventures is Existing or more than 2 years old

CHACO VENTURES

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CHACO VENTURES

Borrower Address

111 E Broad St

Borrower City

Statesville

Borrower State

NC

Borrower Zip

28677-5853

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96600.00

Current Approval Amount

96600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Statesville

Project County Name

IREDELL

Project State

NC

Project Zip

28677-5853

CD

NC-10

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

96596.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

97501.60

Forgiveness Date

02/15/2022

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