PPP Loan information for Stanchem,incorporated

$991,000

Stanchem,incorporated was initially approved for PPP Loan of amount $991,000, the current approved amount is $991,000. The loan was approved on 04/06/2020 by The Cambridge Savings Bank reported 51 jobs and $991,000 was used to fund payroll.

Stanchem,incorporated is Existing or more than 2 years old

PPP Loan Search / CT / EAST BERLIN / Stanchem,incorporated

STANCHEM,INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

STANCHEM,INCORPORATED

Borrower Address

401 BERLIN ST

Borrower City

EAST BERLIN

Borrower State

CT

Borrower Zip

06023-1127

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

991000.00

Current Approval Amount

991000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BERLIN

Project County Name

HARTFORD

Project State

CT

Project Zip

06023-1127

CD

CT-01

Jobs Reported

51

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

991000.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1001833.12

Forgiveness Date

05/21/2021

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