PPP Loan information for Chute chemical company

$115,000

Chute chemical company was initially approved for PPP Loan of amount $115,000, the current approved amount is $115,000. The loan was approved on 04/14/2020 by The Bangor Savings Bank reported 17 jobs and $115,000 was used to fund payroll.

Chute chemical company is Existing or more than 2 years old

CHUTE CHEMICAL COMPANY

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

CHUTE CHEMICAL COMPANY

Borrower Address

15 WHITE PINE ROAD

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115000.00

Current Approval Amount

115000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-0002

CD

ME-02

Jobs Reported

17

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115000.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115811.39

Forgiveness Date

01/07/2021

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