PPP Loan information for Chyma's machine and welding shop inc.

$29,800

Chyma's machine and welding shop inc. was initially approved for PPP Loan of amount $29,800, the current approved amount is $29,800. The loan was approved on 04/15/2020 by The The State Bank of Toledo reported 4 jobs and $29,800 was used to fund payroll.

Chyma's machine and welding shop inc. is Existing or more than 2 years old

PPP Loan Search / IA / Toledo / Chyma's machine and welding shop inc.

CHYMA'S MACHINE AND WELDING SHOP INC.

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CHYMA'S MACHINE AND WELDING SHOP INC.

Borrower Address

Chyma's Machine and Welding Shop Inc. 206 2nd Ave.

Borrower City

Toledo

Borrower State

IA

Borrower Zip

52342

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29800.00

Current Approval Amount

29800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25538

Servicing Lender Name

The State Bank of Toledo

Servicing Lender Address

100 E High St

Servicing Lender City

TOLEDO

Servicing Lender State

IA

Servicing Lender Zip

52342-1510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

TAMA

Project State

IA

Project Zip

52342-0001

CD

IA-02

Jobs Reported

4

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

24800.00

Mortgage Interest Proceed

1500.00

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

25538

Originating Lender

The State Bank of Toledo

Originating Lender City

TOLEDO

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30015.22

Forgiveness Date

01/07/2021

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