PPP Loan information for Chemcoat inc

$387,400

Chemcoat inc was initially approved for PPP Loan of amount $387,400, the current approved amount is $387,400. The loan was approved on 04/07/2020 by The The Muncy Bank and Trust Company reported 25 jobs and $387,400 was used to fund payroll.

Chemcoat inc is Existing or more than 2 years old

PPP Loan Search / PA / MONTOURSVILLE / Chemcoat inc

CHEMCOAT INC

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CHEMCOAT INC

Borrower Address

2790 Canfields Lane

Borrower City

MONTOURSVILLE

Borrower State

PA

Borrower Zip

17754-9463

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387400.00

Current Approval Amount

387400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61134

Servicing Lender Name

The Muncy Bank and Trust Company

Servicing Lender Address

2 N Main St

Servicing Lender City

MUNCY

Servicing Lender State

PA

Servicing Lender Zip

17756-1004

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTOURSVILLE

Project County Name

LYCOMING

Project State

PA

Project Zip

17754-9463

CD

PA-09

Jobs Reported

25

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

77480.00

Payroll Proceed

309920.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

61134

Originating Lender

The Muncy Bank and Trust Company

Originating Lender City

MUNCY

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

390639.09

Forgiveness Date

02/11/2021

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