PPP Loan information for Polychem alloy inc

$95,570

Polychem alloy inc was initially approved for PPP Loan of amount $95,570, the current approved amount is $95,570. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 10 jobs and $95,570 was used to fund payroll.

Polychem alloy inc is Existing or more than 2 years old

POLYCHEM ALLOY INC

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

POLYCHEM ALLOY INC

Borrower Address

889 Pine Mountain Rd

Borrower City

Hudson

Borrower State

NC

Borrower Zip

28638-9255

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95570.00

Current Approval Amount

95570.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudson

Project County Name

CALDWELL

Project State

NC

Project Zip

28638-9255

CD

NC-05

Jobs Reported

10

NAICS Code

325211

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

95568.00

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

96363.36

Forgiveness Date

01/13/2022

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