Chips Tool Repair INC

$114,343 PPP Loan in Ramsey, Minnesota

Loan Details

Loan Number
1627118400
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$114,343
Current Approval
$114,343
Forgiveness Amount
$115,445
Forgiveness Date
Jan 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Chips Tool Repair INC
Address
6250 Bunker Lake Blvd NW Ste 206
City
Ramsey
ZIP Code
55303-5895
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$114,339
Utilities
$1

Lender Information

Servicing Lender
Forbright Bank
Originating Lender
Forbright Bank

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