PPP Loan information for Chemcut holdings, llc

$1,325,240

Chemcut holdings, llc was initially approved for PPP Loan of amount $1,325,240, the current approved amount is $1,325,240. The loan was approved on 04/16/2020 by The Manufacturers and Traders Trust Company reported 87 jobs and $1,325,240 was used to fund payroll.

Chemcut holdings, llc is Existing or more than 2 years old

PPP Loan Search / PA / State College / Chemcut holdings, llc

CHEMCUT HOLDINGS, LLC

Date Approved

04/16/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

CHEMCUT HOLDINGS, LLC

Borrower Address

500 Science Park Road

Borrower City

State College

Borrower State

PA

Borrower Zip

16803

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1325240.00

Current Approval Amount

1325240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16803-1001

CD

PA-15

Jobs Reported

87

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

1025240.00

Mortgage Interest Proceed

0.00

Rent Proceed

108000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

160000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1336350.23

Forgiveness Date

02/24/2021

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