PPP Loan information for Chevelle perfection grinding, inc.

$154,800

Chevelle perfection grinding, inc. was initially approved for PPP Loan of amount $154,800, the current approved amount is $154,800. The loan was approved on 04/06/2020 by The Lake Region Bank reported 11 jobs and $154,800 was used to fund payroll.

Chevelle perfection grinding, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FRIDLEY / Chevelle perfection grinding, inc.

CHEVELLE PERFECTION GRINDING, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHEVELLE PERFECTION GRINDING, INC.

Borrower Address

7710 MAIN ST NE

Borrower City

FRIDLEY

Borrower State

MN

Borrower Zip

55432-2519

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154800.00

Current Approval Amount

154800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRIDLEY

Project County Name

ANOKA

Project State

MN

Project Zip

55432-2519

CD

MN-05

Jobs Reported

11

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15480.00

Payroll Proceed

123840.00

Mortgage Interest Proceed

0.00

Rent Proceed

15480.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155690.10

Forgiveness Date

11/03/2020

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