PPP Loan information for Chemic laboratories inc

$720,300

Chemic laboratories inc was initially approved for PPP Loan of amount $742,500, the current approved amount is $720,300. The loan was approved on 04/29/2020 by The Needham Bank reported 48 jobs and $720,300 was used to fund payroll.

Chemic laboratories inc is Existing or more than 2 years old

PPP Loan Search / MA / Canton / Chemic laboratories inc

CHEMIC LABORATORIES INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CHEMIC LABORATORIES INC

Borrower Address

480 Neponset Street Bldg 7C

Borrower City

Canton

Borrower State

MA

Borrower Zip

02021

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742500.00

Current Approval Amount

720300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-0001

CD

MA-08

Jobs Reported

48

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

720300.00

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

Subchapter S Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724241.64

Forgiveness Date

11/25/2020

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