Chasm Advanced Materials, INC

$518,000 PPP Loan in Canton, Massachusetts

Loan Details

Loan Number
5641737004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$518,000
Current Approval
$518,000
Forgiveness Amount
$522,981
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chasm Advanced Materials, INC
Address
480 Neponset St
City
Canton
ZIP Code
02021-1900
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541713)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
MA-08

Loan Use Breakdown

Payroll
$388,500
Rent
$28,008
Utilities
$19,200
Health Care
$75,000
Debt Interest
$7,292

Lender Information

Servicing Lender
Armstrong Bank
Originating Lender
Armstrong Bank

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