PPP Loan information for Elan chemical co., inc.

$952,000

Elan chemical co., inc. was initially approved for PPP Loan of amount $952,000, the current approved amount is $952,000. The loan was approved on 04/04/2020 by The Manufacturers and Traders Trust Company reported 59 jobs and $952,000 was used to fund payroll.

Elan chemical co., inc. is Existing or more than 2 years old

ELAN CHEMICAL CO., INC.

Date Approved

04/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ELAN CHEMICAL CO., INC.

Borrower Address

268 DOREMUS AVE

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105-4875

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952000.00

Current Approval Amount

952000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-4875

CD

NJ-08

Jobs Reported

59

NAICS Code

325199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

952000.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

959094.36

Forgiveness Date

01/07/2021

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