PPP borrower record

DREXEL CHEMICAL COMPANY PPP loan record

Public SBA PPP loan record for DREXEL CHEMICAL COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$2,467,050
Approved amount
$2,494,941
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
DREXEL CHEMICAL COMPANY
Loan number
2093017103
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
Memphis
Borrower state
Tennessee
Borrower ZIP
38106
Jobs reported
246
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
First Horizon Bank
Originating lender
First Horizon Bank

Reported use of proceeds

Payroll
$2,247,050
Rent
$20,000
Utilities
$200,000
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
DREXEL CHEMICAL COMPANY PPP Loan Record | PPP Loan Map