PPP Loan information for Chemtek inc

$345,417

Chemtek inc was initially approved for PPP Loan of amount $345,417, the current approved amount is $345,417. The loan was approved on 02/24/2021 by The First Horizon Bank reported 22 jobs and $345,417 was used to fund payroll.

Chemtek inc is Existing or more than 2 years old

CHEMTEK INC

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CHEMTEK INC

Borrower Address

3005 Carrington Mill Blvd Ste 340

Borrower City

Morrisville

Borrower State

NC

Borrower Zip

27560-5417

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

345417.00

Current Approval Amount

345417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

WAKE

Project State

NC

Project Zip

27560-5417

CD

NC-02

Jobs Reported

22

NAICS Code

325611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

345412.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347834.92

Forgiveness Date

11/09/2021

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