Techmet Carbides, Inc.

$939,057 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
8720887005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$939,057
Current Approval
$939,057
Forgiveness Amount
$949,385
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Techmet Carbides, Inc.
Address
730 21st Street Dr SE 0.0
ZIP Code
28602-4443
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$19.0M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$751,245
Rent
$61,381
Utilities
$8,932
Health Care
$75,042
Debt Interest
$42,457

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in Hickory, NC

BusinessApproved
Sherrill Furniture Company$9,540,600NewBizBotAI Deep Dive
Lenoir-Rhyne Univeristy$5,043,003NewBizBotAI Deep Dive
Snyder Paper Corporation$3,660,067NewBizBotAI Deep Dive
American Roller Bearing$3,504,480NewBizBotAI Deep Dive
Klingspor Abrasives Inc.$3,500,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free