PPP Loan information for Chematics inc.

$111,750

Chematics inc. was initially approved for PPP Loan of amount $111,750, the current approved amount is $111,750. The loan was approved on 04/29/2020 by The Horizon Bank reported 11 jobs and $111,750 was used to fund payroll.

Chematics inc. is Existing or more than 2 years old

PPP Loan Search / IN / NORTH WEBSTER / Chematics inc.

CHEMATICS INC.

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CHEMATICS INC.

Borrower Address

PO Box 293

Borrower City

NORTH WEBSTER

Borrower State

IN

Borrower Zip

46555

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111750.00

Current Approval Amount

111750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH WEBSTER

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46555-0001

CD

IN-03

Jobs Reported

11

NAICS Code

424210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89400.00

Mortgage Interest Proceed

11175.00

Rent Proceed

11175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112460.30

Forgiveness Date

12/28/2020

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