PPP Loan information for System chemical inc

$74,038

System chemical inc was initially approved for PPP Loan of amount $74,038, the current approved amount is $74,038. The loan was approved on 04/07/2020 by The First State Bank reported 7 jobs and $74,038 was used to fund payroll.

System chemical inc is Existing or more than 2 years old

PPP Loan Search / AR / RUSSELLVILLE / System chemical inc

SYSTEM CHEMICAL INC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SYSTEM CHEMICAL INC

Borrower Address

2040 S Arkansas Ave

Borrower City

RUSSELLVILLE

Borrower State

AR

Borrower Zip

72802-7302

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74038.12

Current Approval Amount

74038.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4705

Servicing Lender Name

First State Bank

Servicing Lender Address

3103 E Main St

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AR

Servicing Lender Zip

72802-9668

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSSELLVILLE

Project County Name

POPE

Project State

AR

Project Zip

72802-7302

CD

AR-04

Jobs Reported

7

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74038.12

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

4705

Originating Lender

First State Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74681.84

Forgiveness Date

02/23/2021

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