PPP Loan information for Strand chemical company inc

$583,369

Strand chemical company inc was initially approved for PPP Loan of amount $583,400, the current approved amount is $583,369. The loan was approved on 04/14/2020 by The Truist Bank reported 67 jobs and $583,369 was used to fund payroll.

Strand chemical company inc is Existing or more than 2 years old

STRAND CHEMICAL COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

STRAND CHEMICAL COMPANY INC

Borrower Address

4365 Sea Mountain Hwy

Borrower City

LITTLE RIVER

Borrower State

SC

Borrower Zip

29566

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583400.00

Current Approval Amount

583369.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE RIVER

Project County Name

HORRY

Project State

SC

Project Zip

29566-0001

CD

SC-07

Jobs Reported

67

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

583369.25

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

588538.55

Forgiveness Date

03/09/2021

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