# PPP loan: CHAPPELL HILL SAUSAGE COMPANY
> **$374K** approved 04/10/2020 · Paid in Full · Loan `1582867107`
## Borrower
- **Name:** CHAPPELL HILL SAUSAGE COMPANY
- **Address:** 4255 SAUSAGE LN, CHAPPELL HILL, TX, 77426-5115
- **NAICS:** 424470
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Utilities:** $6K
- **Debt interest:** $4K
- **Jobs reported:** 45
## Lender
- **Originating:** Citizens State Bank
- **Servicing:** Citizens State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*