Chug Incorporated

$223,700 PPP Loan in Eden Prairie, Minnesota

Loan Details

Loan Number
2465997106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$223,700
Current Approval
$223,700
Forgiveness Amount
$225,185
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Chug Incorporated
Address
7157 Shady Oak Road
ZIP Code
55344-3516
Business Type
Corporation
Industry (NAICS)
Retail Trade (443142)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$167,775
Rent
$13,981
Utilities
$13,981
Health Care
$13,981
Mortgage Interest
$13,981

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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