PPP Loan information for Prochem incorporated

$661,800

Prochem incorporated was initially approved for PPP Loan of amount $661,800, the current approved amount is $661,800. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 45 jobs and $661,800 was used to fund payroll.

Prochem incorporated is New Business or 2 years or less

PPP Loan Search / VA / ELLISTON / Prochem incorporated

PROCHEM INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROCHEM INCORPORATED

Borrower Address

P.O. Box 977

Borrower City

ELLISTON

Borrower State

VA

Borrower Zip

24087

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661800.00

Current Approval Amount

661800.00

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

New Business or 2 years or less

Project City

ELLISTON

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24087-0001

CD

VA-09

Jobs Reported

45

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

661800.00

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

665623.73

Forgiveness Date

11/12/2020

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