PPP Loan information for Chemico systems inc

$2,000,000

Chemico systems inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/18/2021 by The PNC Bank, National Association reported 211 jobs and $2,000,000 was used to fund payroll.

Chemico systems inc is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Chemico systems inc

CHEMICO SYSTEMS INC

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHEMICO SYSTEMS INC

Borrower Address

25200 Telegraph Rd Ste 120 25200 Telegraph Rd Ste 120

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48033-7497

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-7497

CD

MI-12

Jobs Reported

211

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016222.22

Forgiveness Date

12/15/2021

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