Chemtech Plastics Inc.

$1,995,300 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
6983588901
Date Approved
May 5, 2021
Loan Status
Paid in Full
Initial Approval
$1,995,300
Current Approval
$1,995,300
Forgiveness Amount
$2,014,034
Forgiveness Date
Apr 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Chemtech Plastics Inc.
Address
765 Church Rd
City
Elgin
ZIP Code
60123-9308
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
168
Estimated Revenue
$166.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,995,294
Utilities
$1

Lender Information

Servicing Lender
American Community Bank & Trust
Originating Lender
American Community Bank & Trust

Other PPP Loans in Elgin, IL

BusinessApproved
Lending Solutions, Inc.$7,198,353NewBizBotResearch
Mkd Electric, Inc.$6,654,400NewBizBotResearch
Fox Valley Fire & Safety Co.$4,511,500NewBizBotResearch
Ihc Construction Companies, LLC$4,319,724NewBizBotResearch
Proven Performers, Inc.$3,851,900NewBizBotResearch

Want to research this company further?

Try NewBizBot free