PPP Loan information for Qualichem inc.

$1,287,300

Qualichem inc. was initially approved for PPP Loan of amount $1,287,300, the current approved amount is $1,287,300. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 86 jobs and $1,287,300 was used to fund payroll.

Qualichem inc. is New Business or 2 years or less

QUALICHEM INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

QUALICHEM INC.

Borrower Address

2003 Salem Industrial Dr

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153-3143

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1287300.00

Current Approval Amount

1287300.00

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

Salem

Project County Name

SALEM

Project State

VA

Project Zip

24153-3143

CD

VA-06

Jobs Reported

86

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1287300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1294988.04

Forgiveness Date

12/08/2020

;