Chematics Inc.

$111,750 PPP Loan in North Webster, Indiana

Loan Details

Loan Number
2186677308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$111,750
Current Approval
$111,750
Forgiveness Amount
$112,460
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Chematics Inc.
Address
Po Box 293
State
Indiana
ZIP Code
46555
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$89,400
Rent
$11,175
Mortgage Interest
$11,175

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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