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
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
Servicing Lender Zip
55118-1164
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
1
NAICS Code
424690
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
15806.08
Forgiveness Date
05/24/2022