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Chaps Inc.

$50,910 PPP Loan in Armada, Michigan

Loan Details

Loan Number
3496637209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$50,910
Current Approval
$50,910
Forgiveness Amount
$51,396
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chaps Inc.
Address
23084 E Main St
City
Armada
State
Michigan
ZIP Code
48005-1019
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$40,728
Rent
$10,182

Lender Information

Servicing Lender
Choiceone Bank
Originating Lender
Choiceone Bank

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