PPP Loan information for Chemtek inc

$327,110

Chemtek inc was initially approved for PPP Loan of amount $327,110, the current approved amount is $327,110. The loan was approved on 04/14/2020 by The First Horizon Bank reported 28 jobs and $327,110 was used to fund payroll.

Chemtek inc is Existing or more than 2 years old

CHEMTEK INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHEMTEK INC

Borrower Address

3005 CARRINGTON MILL BLVD Ste 340

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-8885

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327110.00

Current Approval Amount

327110.00

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

27560-8885

CD

NC-02

Jobs Reported

28

NAICS Code

325611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10705.00

Payroll Proceed

247092.00

Mortgage Interest Proceed

0.00

Rent Proceed

64140.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5173.00

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

330308.41

Forgiveness Date

04/20/2021

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