1303 CHESTNUT LLC (IN) - 2020 PPP Loan Borrower Profile (# 2550177101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1303 CHESTNUT LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

2550177101

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$86,830

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$87,624.55

Date Loan was Forgiven

Mar 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

86,830

Lender

The Huntington National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423510

Borrower Location

UNION CITY, IN

Project Location

UNION CITY, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.