PPP Loan information for Chaves flooring inc

$49,912

Chaves flooring inc was initially approved for PPP Loan of amount $49,912, the current approved amount is $49,912. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $49,912 was used to fund payroll.

Chaves flooring inc is New Business or 2 years or less

CHAVES FLOORING INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CHAVES FLOORING INC

Borrower Address

1699 BROADWAY

Borrower City

SAUGUS

Borrower State

MA

Borrower Zip

01906

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49912.00

Current Approval Amount

49912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAUGUS

Project County Name

ESSEX

Project State

MA

Project Zip

01906-4115

CD

MA-06

Jobs Reported

4

NAICS Code

442210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49912.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50371.46

Forgiveness Date

04/08/2021

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