PPP Loan information for Chemtech inc.

$329,354

Chemtech inc. was initially approved for PPP Loan of amount $329,354, the current approved amount is $329,354. The loan was approved on 02/06/2021 by The Live Oak Banking Company reported 35 jobs and $329,354 was used to fund payroll.

Chemtech inc. is Existing or more than 2 years old

CHEMTECH INC.

Date Approved

02/06/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

CHEMTECH INC.

Borrower Address

9632 S 500 W

Borrower City

Sandy

Borrower State

UT

Borrower Zip

84070-2559

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

329354.00

Current Approval Amount

329354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sandy

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-2559

CD

UT-04

Jobs Reported

35

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329353.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331627.90

Forgiveness Date

10/27/2021

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