PPP Loan information for Polychem alloy inc

$82,245

Polychem alloy inc was initially approved for PPP Loan of amount $82,245, the current approved amount is $82,245. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $82,245 was used to fund payroll.

Polychem alloy inc is New Business or 2 years or less

PPP Loan Search / NC / LENOIR / Polychem alloy inc

POLYCHEM ALLOY INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POLYCHEM ALLOY INC

Borrower Address

240 POLYCHEM CT

Borrower City

LENOIR

Borrower State

NC

Borrower Zip

28645-8688

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82245.00

Current Approval Amount

82245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LENOIR

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-8688

CD

NC-05

Jobs Reported

10

NAICS Code

325211

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82245.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83306.30

Forgiveness Date

08/19/2021

;