PPP Loan information for Enchem engineering, inc.

$71,342

Enchem engineering, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $71,342. The loan was approved on 04/12/2020 by The Eastern Bank reported 4 jobs and $71,342 was used to fund payroll.

Enchem engineering, inc. is Existing or more than 2 years old

ENCHEM ENGINEERING, INC.

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ENCHEM ENGINEERING, INC.

Borrower Address

151B CALIFORNIA ST

Borrower City

NEWTON

Borrower State

MA

Borrower Zip

02458-1023

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

71342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02458-1023

CD

MA-04

Jobs Reported

4

NAICS Code

541620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71342.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72148.56

Forgiveness Date

06/03/2021

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