PPP Loan information for Chadel corporation

$18,300

Chadel corporation was initially approved for PPP Loan of amount $18,300, the current approved amount is $18,300. The loan was approved on 04/28/2020 by The Wadena State Bank reported 3 jobs and $18,300 was used to fund payroll.

Chadel corporation is Existing or more than 2 years old

CHADEL CORPORATION

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHADEL CORPORATION

Borrower Address

636 N Jefferson St.

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-2307

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18300.00

Current Approval Amount

18300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-2307

CD

MN-07

Jobs Reported

3

NAICS Code

488490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18300.00

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

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18391.50

Forgiveness Date

11/05/2020

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