PPP Loan information for Chem systems ltd.

$15,625

Chem systems ltd. was initially approved for PPP Loan of amount $15,625, the current approved amount is $15,625. The loan was approved on 03/17/2021 by The Gateway Bank reported 1 jobs and $15,625 was used to fund payroll.

Chem systems ltd. is Existing or more than 2 years old

CHEM SYSTEMS LTD.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHEM SYSTEMS LTD.

Borrower Address

11250 Wyoming Rd S

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55438-2844

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15625.00

Current Approval Amount

15625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

358512

Servicing Lender Name

Gateway Bank

Servicing Lender Address

745 Market St

Servicing Lender City

MENDOTA HEIGHTS

Servicing Lender State

MN

Servicing Lender Zip

55118-1164

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-2844

CD

MN-03

Jobs Reported

1

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15625.00

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

Subchapter S Corporation

Originating Lender Location Id

358512

Originating Lender

Gateway Bank

Originating Lender City

MENDOTA HEIGHTS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15806.08

Forgiveness Date

05/24/2022

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