Chemcut Holdings, LLC

$1,325,240 PPP Loan in State College, Pennsylvania

Loan Details

Loan Number
2466067209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,325,240
Current Approval
$1,325,240
Forgiveness Amount
$1,336,350
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chemcut Holdings, LLC
Address
500 Science Park Road
ZIP Code
16803
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$22.8M
Rural/Urban
Rural
Congressional District
PA-15

Loan Use Breakdown

Payroll
$1,025,240
Rent
$108,000
Utilities
$32,000
Health Care
$160,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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