Industrial Chemicals, Inc.

$1,265,652 PPP Loan in Vestavia, Alabama

Loan Details

Loan Number
9562047009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,265,652
Current Approval
$1,265,652
Forgiveness Amount
$1,282,465
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Chemicals, Inc.
Address
2042 Montreat Drive 0.0
State
Alabama
ZIP Code
35216-4040
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424690)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$1,012,522
Rent
$5,000
Utilities
$38,675
Health Care
$69,064
Debt Interest
$140,391

Lender Information

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

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