PPP Loan information for Water chem, inc.

$132,000

Water chem, inc. was initially approved for PPP Loan of amount $132,000, the current approved amount is $132,000. The loan was approved on 04/10/2020 by The First National Bank Ames, Iowa reported 10 jobs and $132,000 was used to fund payroll.

Water chem, inc. is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Water chem, inc.

WATER CHEM, INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WATER CHEM, INC.

Borrower Address

1314 Clark

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-5458

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132000.00

Current Approval Amount

132000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-5458

CD

IA-04

Jobs Reported

10

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

110800.00

Mortgage Interest Proceed

0.00

Rent Proceed

15900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132723.29

Forgiveness Date

11/03/2020

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