PPP Loan information for Chematics inc

$110,877

Chematics inc was initially approved for PPP Loan of amount $110,877, the current approved amount is $110,877. The loan was approved on 02/17/2021 by The Horizon Bank reported 9 jobs and $110,877 was used to fund payroll.

Chematics inc is Existing or more than 2 years old

PPP Loan Search / IN / NORTH WEBSTER / Chematics inc

CHEMATICS INC

Date Approved

02/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CHEMATICS INC

Borrower Address

4519 Highway 13 S

Borrower City

NORTH WEBSTER

Borrower State

IN

Borrower Zip

46555

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110877.00

Current Approval Amount

110877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH WEBSTER

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46555

CD

IN-02

Jobs Reported

9

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110876.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111760.98

Forgiveness Date

12/07/2021

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