PPP Loan information for Moretex chemical products, inc.

$47,200

Moretex chemical products, inc. was initially approved for PPP Loan of amount $47,200, the current approved amount is $47,200. The loan was approved on 04/29/2020 by The United Community Bank reported 7 jobs and $47,200 was used to fund payroll.

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

MORETEX CHEMICAL PRODUCTS, INC.

Date Approved

04/29/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MORETEX CHEMICAL PRODUCTS, INC.

Borrower Address

100 Wendover Court

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29302

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47200.00

Current Approval Amount

47200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29302-0006

CD

SC-04

Jobs Reported

7

NAICS Code

325991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47200.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47435.35

Forgiveness Date

11/02/2020

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