PPP Loan information for Chemtech plastics, inc.

$2,082,855

Chemtech plastics, inc. was initially approved for PPP Loan of amount $2,082,855, the current approved amount is $2,082,855. The loan was approved on 04/13/2020 by The Fifth Third Bank reported 186 jobs and $2,082,855 was used to fund payroll.

Chemtech plastics, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Chemtech plastics, inc.

CHEMTECH PLASTICS, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHEMTECH PLASTICS, INC.

Borrower Address

765 CHURCH ROAD

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-9308

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2082855.00

Current Approval Amount

2082855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-9308

CD

IL-08

Jobs Reported

186

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2082855.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2109469.26

Forgiveness Date

08/02/2021

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