PPP Loan information for Techmet carbides, inc.

$939,057

Techmet carbides, inc. was initially approved for PPP Loan of amount $939,057, the current approved amount is $939,057. The loan was approved on 04/08/2020 by The JPMorgan Chase Bank, National Association reported 62 jobs and $939,057 was used to fund payroll.

Techmet carbides, inc. is Existing or more than 2 years old

TECHMET CARBIDES, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TECHMET CARBIDES, INC.

Borrower Address

730 21st Street Dr SE 0.0

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28602-4443

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

939057.00

Current Approval Amount

939057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-4443

CD

NC-10

Jobs Reported

62

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8932.00

Payroll Proceed

751245.00

Mortgage Interest Proceed

0.00

Rent Proceed

61381.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75042.00

Debt Interest Proceed

42457

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

949384.54

Forgiveness Date

05/19/2021

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