PPP Loan information for Channel chemical corporation

$288,000

Channel chemical corporation was initially approved for PPP Loan of amount $288,000, the current approved amount is $288,000. The loan was approved on 04/11/2020 by The Community Bank of Mississippi reported 23 jobs and $288,000 was used to fund payroll.

Channel chemical corporation is Existing or more than 2 years old

PPP Loan Search / MS / GULFPORT / Channel chemical corporation

CHANNEL CHEMICAL CORPORATION

Date Approved

04/11/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CHANNEL CHEMICAL CORPORATION

Borrower Address

14373 SEAWAY RD

Borrower City

GULFPORT

Borrower State

MS

Borrower Zip

39503-4637

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288000.00

Current Approval Amount

288000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GULFPORT

Project County Name

HARRISON

Project State

MS

Project Zip

39503-4637

CD

MS-04

Jobs Reported

23

NAICS Code

325998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

57200.00

Payroll Proceed

230800.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

279934.58

Forgiveness Date

12/28/2020

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