Chips Tool Repair INC

$114,343 PPP Loan in Ramsey, Minnesota

Loan Details

Loan Number
6513987303
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$114,343
Current Approval
$114,343
Forgiveness Amount
$115,667
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First 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
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$114,343

Lender Information

Servicing Lender
Forbright Bank
Originating Lender
Forbright Bank

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