PPP Loan information for Chip's auto restoration, inc

$40,000

Chip's auto restoration, inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/27/2020 by The Pioneer Trust Bank, National Association reported 3 jobs and $40,000 was used to fund payroll.

Chip's auto restoration, inc is Existing or more than 2 years old

CHIP'S AUTO RESTORATION, INC

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

CHIP'S AUTO RESTORATION, INC

Borrower Address

1271 NE Hwy 99W Suite 441

Borrower City

McMinnville

Borrower State

OR

Borrower Zip

97128-2720

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McMinnville

Project County Name

YAMHILL

Project State

OR

Project Zip

97128-2720

CD

OR-06

Jobs Reported

3

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40237.81

Forgiveness Date

12/02/2020

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