As part of the Paycheck Protection Program CHEMTECH PLASTICS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

CHEMTECH PLASTICS, INC


Loan Amount	$2,082,855
BusinessName	CHEMTECH PLASTICS, INC
Address	765 CHURCH ROAD
City	ELGIN
State	IL
Zip	60123
NAICSCode	326199
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	186
DateApproved	04/13/2020
Lender	Fifth Third Bank
CD	IL-06
BusinessName.clean	CHEMTECH PLASTICS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

CHEMTRUSION
CHEMWEST SYSTEMS
ABNA ENGINEERING
CHEN MANAGEMENT GROUP
CHEN MOORE AND ASSOCIATES