PPP Loan information for Chute's family restaurant

$87,460

Chute's family restaurant was initially approved for PPP Loan of amount $87,460, the current approved amount is $87,460. The loan was approved on 06/11/2020 by The Norway Savings Bank reported 22 jobs and $87,460 was used to fund payroll.

Chute's family restaurant is Existing or more than 2 years old

PPP Loan Search / ME / windham, / Chute's family restaurant

CHUTE'S FAMILY RESTAURANT

Date Approved

06/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

CHUTE'S FAMILY RESTAURANT

Borrower Address

686 roosevelt tr

Borrower City

windham,

Borrower State

ME

Borrower Zip

04062-5272

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87460.00

Current Approval Amount

87460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

windham,

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04062-5272

CD

ME-01

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87460.00

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88528.69

Forgiveness Date

09/08/2021

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