PPP Loan information for Chasm advanced materials, inc

$518,000

Chasm advanced materials, inc was initially approved for PPP Loan of amount $518,000, the current approved amount is $518,000. The loan was approved on 04/06/2020 by The Armstrong Bank reported 30 jobs and $518,000 was used to fund payroll.

Chasm advanced materials, inc is Existing or more than 2 years old

CHASM ADVANCED MATERIALS, INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CHASM ADVANCED MATERIALS, INC

Borrower Address

480 NEPONSET ST

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-1900

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518000.00

Current Approval Amount

518000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59482

Servicing Lender Name

Armstrong Bank

Servicing Lender Address

1215 W Okmulgee St

Servicing Lender City

MUSKOGEE

Servicing Lender State

OK

Servicing Lender Zip

74401-6849

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-1900

CD

MA-08

Jobs Reported

30

NAICS Code

541713

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19200.00

Payroll Proceed

388500.00

Mortgage Interest Proceed

0.00

Rent Proceed

28008.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

7292

Business Type

Corporation

Originating Lender Location Id

59482

Originating Lender

Armstrong Bank

Originating Lender City

MUSKOGEE

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522981.32

Forgiveness Date

03/31/2021

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