Chancellor INC

$1,108,340 PPP Loan in Laurel, Mississippi

Loan Details

Loan Number
9495417001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,108,340
Current Approval
$1,108,340
Forgiveness Amount
$1,117,915
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chancellor INC
Address
1228 W 5th St
City
Laurel
ZIP Code
39440-3808
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (444190)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$18.0M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$886,672
Utilities
$110,834
Mortgage Interest
$110,834

Lender Information

Servicing Lender
The Citizens National Bank of Meridian
Originating Lender
The Citizens National Bank of Meridian

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