PPP Loan information for Chic distributors, inc.

$72,000

Chic distributors, inc. was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 04/09/2020 by The Peoples Bank reported 10 jobs and $72,000 was used to fund payroll.

Chic distributors, inc. is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Chic distributors, inc.

CHIC DISTRIBUTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHIC DISTRIBUTORS, INC.

Borrower Address

1631 Main Ave Dr NW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-0500

CD

NC-10

Jobs Reported

10

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72000.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

72594.00

Forgiveness Date

02/16/2021

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