Chaney Branch INC

$142,989 PPP Loan in Clio, Alabama

Loan Details

Loan Number
7620217110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$142,989
Current Approval
$142,989
Forgiveness Amount
$144,173
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chaney Branch INC
Address
115 Chaney Branch Rd
City
Clio
State
Alabama
ZIP Code
36017
Business Type
Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$114,392
Rent
$7,149
Utilities
$14,300
Debt Interest
$7,148

Lender Information

Servicing Lender
22nd State Bank
Originating Lender
22nd State Bank

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