PPP Loan information for Shinsung petrochemical, inc

$248,900

Shinsung petrochemical, inc was initially approved for PPP Loan of amount $248,900, the current approved amount is $248,900. The loan was approved on 04/16/2020 by The Shinhan Bank America reported 32 jobs and $248,900 was used to fund payroll.

Shinsung petrochemical, inc is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Shinsung petrochemical, inc

SHINSUNG PETROCHEMICAL, INC

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHINSUNG PETROCHEMICAL, INC

Borrower Address

1965 Mitchell YOung Road

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36108-5840

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248900.00

Current Approval Amount

248900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112966

Servicing Lender Name

Shinhan Bank America

Servicing Lender Address

475 Park Ave S 4th Flr

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10016-6967

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36108-5840

CD

AL-02

Jobs Reported

32

NAICS Code

325998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8900.00

Payroll Proceed

190000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112966

Originating Lender

Shinhan Bank America

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250686.62

Forgiveness Date

01/12/2021

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