PPP Loan information for Chemspeed technologies inc.

$243,759

Chemspeed technologies inc. was initially approved for PPP Loan of amount $243,759, the current approved amount is $243,759. The loan was approved on 05/12/2020 by The Valley National Bank reported 11 jobs and $243,759 was used to fund payroll.

Chemspeed technologies inc. is Existing or more than 2 years old

CHEMSPEED TECHNOLOGIES INC.

Date Approved

05/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHEMSPEED TECHNOLOGIES INC.

Borrower Address

113 North Center Drive

Borrower City

North Brunswick

Borrower State

NJ

Borrower Zip

08902

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243759.00

Current Approval Amount

243759.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-1000

CD

NJ-12

Jobs Reported

11

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243759.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245424.69

Forgiveness Date

01/20/2021

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