PPP Loan information for Prochem inc.

$605,500

Prochem inc. was initially approved for PPP Loan of amount $605,500, the current approved amount is $605,500. The loan was approved on 01/28/2021 by The First-Citizens Bank & Trust Company reported 45 jobs and $605,500 was used to fund payroll.

Prochem inc. is Existing or more than 2 years old

PROCHEM INC.

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PROCHEM INC.

Borrower Address

5100 Enterprise Dr

Borrower City

Elliston

Borrower State

VA

Borrower Zip

24087-3155

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

605500.00

Current Approval Amount

605500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elliston

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24087-3155

CD

VA-09

Jobs Reported

45

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

605497.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

610642.60

Forgiveness Date

12/09/2021

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