Stanchem,incorporated
$991,000 PPP Loan in East Berlin, Connecticut
Loan Details
- Loan Number
- 5940617003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $991,000
- Current Approval
- $991,000
- Forgiveness Amount
- $1,001,833
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stanchem,incorporated
- Address
- 401 Berlin St
- City
- East Berlin
- State
- Connecticut
- ZIP Code
- 06023-1127
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (325510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $50.6M
- Rural/Urban
- Urban
- Congressional District
- CT-01
Loan Use Breakdown
- Payroll
- $991,000
Lender Information
- Servicing Lender
- Cambridge Savings Bank
- Originating Lender
- Cambridge Savings Bank
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