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Newchem Inc.

$284,600 PPP Loan in Newark, New York

Loan Details

Loan Number
9541267703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$284,600
Current Approval
$284,600
Forgiveness Amount
$286,869
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newchem Inc.
Address
401 W Shore Blvd
City
Newark
State
New York
ZIP Code
14513-1262
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
NY-24

Loan Use Breakdown

Payroll
$284,600

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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