PPP Loan information for Megachem inc.

$108,724

Megachem inc. was initially approved for PPP Loan of amount $108,724, the current approved amount is $108,724. The loan was approved on 04/09/2020 by The Triad Business Bank reported 9 jobs and $108,724 was used to fund payroll.

Megachem inc. is Existing or more than 2 years old

MEGACHEM INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MEGACHEM INC.

Borrower Address

2018 Brevard Road

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27263-1702

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108724.00

Current Approval Amount

108724.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27263-1702

CD

NC-06

Jobs Reported

9

NAICS Code

326113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108724.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109844.46

Forgiveness Date

04/26/2021

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