CHEMICAL & INDUSTRIAL ENGINEERING, INC. (KY) - 2020 PPP Loan Borrower Profile (# 9860087008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHEMICAL & INDUSTRIAL ENGINEERING, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Kentucky.

Loan Detail

Loan Number

9860087008

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$5,502,905

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$5,566,720.35

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,000

Payroll Proced

4,809,006

Mortgage Interest Proceed

14,000

Rent Proceed

186,587

Refinance EIDL Proceed

Health Care Proceed

481,312

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

Borrower Location

Louisville, KY

Project Location

Louisville, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

252

Business Age Description

Existing or more than 2 years old

Data Source: SBA.