ALLEN CHORMAN & SONS, INC. (DE) - 2020 PPP Loan Borrower Profile (# 8597587100)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALLEN CHORMAN & SONS, INC.. 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 Delaware.
Loan Detail
Loan Number
8597587100
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$119,900
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$120,970.89
Date Loan was Forgiven
Mar 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,927
Payroll Proced
114,973
Mortgage Interest Proceed
0
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
115112
Borrower Location
Milton, DE
Project Location
Milton, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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