BLUE CHIP ENGINEERED PRODUCTS, INC. (KY) - 2020 PPP Loan Borrower Profile (# 4600617002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLUE CHIP ENGINEERED PRODUCTS, 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 Kentucky.

Loan Detail

Loan Number

4600617002

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$152,400

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$153,797

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,400

Payroll Proced

120,000

Rent Proceed

14,000

Debt Interest Proceed

16,000

Lender

Central Bank & Trust Co.

Business Detail

Business Type

Subchapter S Corporation

NAICS

423510

Borrower Location

ERLANGER, KY

Project Location

ERLANGER, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.