CHATA CORP (KY) - 2020 PPP Loan Borrower Profile (# 4752637105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHATA CORP. 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

4752637105

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$290,721

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$294,363.09

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

24,227

Payroll Proced

218,040

Mortgage Interest Proceed

12,113.5

Rent Proceed

24,227

Health Care Proceed

12,113.5

Lender

The City National Bank of Metropolis

Business Detail

Business Type

Subchapter S Corporation

NAICS

624210

Borrower Location

PADUCAH, KY

Project Location

PADUCAH, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

105

Business Age Description

Existing or more than 2 years old

Data Source: SBA.