PPP Loan information for Deco chem inc

$300,780

Deco chem inc was initially approved for PPP Loan of amount $300,780, the current approved amount is $300,780. The loan was approved on 02/06/2021 by The Horizon Bank reported 23 jobs and $300,780 was used to fund payroll.

Deco chem inc is Existing or more than 2 years old

DECO CHEM INC

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DECO CHEM INC

Borrower Address

3502 N Home St

Borrower City

Mishawaka

Borrower State

IN

Borrower Zip

46545-4318

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300780.00

Current Approval Amount

300780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mishawaka

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-4318

CD

IN-02

Jobs Reported

23

NAICS Code

325910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300776.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302667.09

Forgiveness Date

09/27/2021

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