PPP Loan information for Orochem technologies inc.

$486,663

Orochem technologies inc. was initially approved for PPP Loan of amount $486,663, the current approved amount is $486,663. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 31 jobs and $486,663 was used to fund payroll.

Orochem technologies inc. is Existing or more than 2 years old

OROCHEM TECHNOLOGIES INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OROCHEM TECHNOLOGIES INC.

Borrower Address

340 SHUMAN BLVD.

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-1268

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486663.00

Current Approval Amount

486663.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-1268

CD

IL-11

Jobs Reported

31

NAICS Code

339112

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

389330.94

Mortgage Interest Proceed

54222.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.06

Debt Interest Proceed

16110

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

493008.82

Forgiveness Date

08/09/2021

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