PPP Loan information for Chemtex inc

$270,000

Chemtex inc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 04/10/2020 by The Bank Rhode Island reported 22 jobs and $270,000 was used to fund payroll.

Chemtex inc is Existing or more than 2 years old

CHEMTEX INC

Date Approved

04/10/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

CHEMTEX INC

Borrower Address

1 front st

Borrower City

CUMBERLAND

Borrower State

RI

Borrower Zip

02864-4810

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02864-4810

CD

RI-01

Jobs Reported

22

NAICS Code

562910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270000.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272040.00

Forgiveness Date

01/20/2021

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