Chupps Auction Company, INC

$109,900 PPP Loan in Inola, Oklahoma

Loan Details

Loan Number
8319747002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$109,900
Current Approval
$109,900
Forgiveness Amount
$110,535
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Chupps Auction Company, INC
Address
8470 W. 580 Rd.
City
Inola
ZIP Code
74036-5396
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531390)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OK-02

Loan Use Breakdown

Payroll
$87,920
Rent
$5,495
Utilities
$5,495
Mortgage Interest
$10,990

Lender Information

Servicing Lender
Welch State Bank of Welch, Okla.
Originating Lender
Welch State Bank of Welch, Okla.

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