PPP Loan information for Colonial chemical, inc.

$1,898,800

Colonial chemical, inc. was initially approved for PPP Loan of amount $1,898,800, the current approved amount is $1,898,800. The loan was approved on 04/04/2020 by The ServisFirst Bank reported 132 jobs and $1,898,800 was used to fund payroll.

Colonial chemical, inc. is Existing or more than 2 years old

PPP Loan Search / TN / SOUTH PITTSBURG / Colonial chemical, inc.

COLONIAL CHEMICAL, INC.

Date Approved

04/04/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COLONIAL CHEMICAL, INC.

Borrower Address

225 Colonial Drive

Borrower City

SOUTH PITTSBURG

Borrower State

TN

Borrower Zip

37380-7275

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1898800.00

Current Approval Amount

1898800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PITTSBURG

Project County Name

MARION

Project State

TN

Project Zip

37380-7275

CD

TN-04

Jobs Reported

132

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

68400.00

Payroll Proceed

1753700.00

Mortgage Interest Proceed

8000.00

Rent Proceed

35700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

33000

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1909665.36

Forgiveness Date

11/03/2020

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