# PPP loan: CHATA CORP
> **$291K** approved 04/13/2020 · Paid in Full · Loan `4752637105`
## Borrower
- **Name:** CHATA CORP
- **Address:** 653 Lone Oak Road, PADUCAH, KY, 42003-4539
- **NAICS:** 624210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $24K
- **Mortgage interest:** $12K
- **Utilities:** $24K
- **Health care:** $12K
- **Jobs reported:** 105
## Lender
- **Originating:** The City National Bank of Metropolis
- **Servicing:** The City National Bank of Metropolis (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*