PPP Loan information for Netchem inc

$55,377

Netchem inc was initially approved for PPP Loan of amount $55,377, the current approved amount is $55,377. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $55,377 was used to fund payroll.

Netchem inc is New Business or 2 years or less

NETCHEM INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NETCHEM INC

Borrower Address

100 JERSEY AVE STE A211

Borrower City

NEW BRUNSWICK

Borrower State

NJ

Borrower Zip

08901-3200

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55377.00

Current Approval Amount

55377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEW BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08901-3200

CD

NJ-06

Jobs Reported

6

NAICS Code

541712

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55377.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55953.53

Forgiveness Date

05/20/2021

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