Colonial Chemical, Inc.

$1,898,800 PPP Loan in South Pittsburg, Tennessee

Loan Details

Loan Number
4955627004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,898,800
Current Approval
$1,898,800
Forgiveness Amount
$1,909,665
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Chemical, Inc.
Address
225 Colonial Drive
ZIP Code
37380-7275
Business Type
Corporation
Industry (NAICS)
Manufacturing (325998)
Business Age
Existing or more than 2 years old
Jobs Reported
132
Estimated Revenue
$130.9M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$1,753,700
Rent
$35,700
Utilities
$68,400
Mortgage Interest
$8,000
Debt Interest
$33,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

Other PPP Loans in South Pittsburg, TN

BusinessApproved
Lodge Manufacturing Co$6,062,400NewBizBotResearch
Sequatchie Concrete Service, Inc.$3,591,500NewBizBotResearch
Sequachee Valley Electric Coop, INC$1,659,529NewBizBotResearch
United States Stove Company$1,295,597NewBizBotResearch
United States Stove Company$1,295,597NewBizBotResearch

Want to research this company further?

Try NewBizBot free