PPP Loan information for Chbip management inc

$1,243,000

Chbip management inc was initially approved for PPP Loan of amount $1,243,000, the current approved amount is $1,243,000. The loan was approved on 04/03/2020 by The Cass Commercial Bank reported 238 jobs and $1,243,000 was used to fund payroll.

Chbip management inc is Existing or more than 2 years old

CHBIP MANAGEMENT INC

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHBIP MANAGEMENT INC

Borrower Address

6318 SPOKANE AVE

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60646-4131

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1243000.00

Current Approval Amount

1243000.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

41291

Servicing Lender Name

Cass Commercial Bank

Servicing Lender Address

12412 Powerscourt Dr, Ste 175

Servicing Lender City

SAINT LOUIS

Servicing Lender State

MO

Servicing Lender Zip

63131-3659

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60646-4131

CD

IL-05

Jobs Reported

238

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1243000.00

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

41291

Originating Lender

Cass Commercial Bank

Originating Lender City

SAINT LOUIS

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1252978.53

Forgiveness Date

01/28/2021

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