# PPP loan: CHEMREP, INC.
> **$162K** approved 05/04/2020 · Paid in Full · Loan `1619087408`
## Borrower
- **Name:** CHEMREP, INC.
- **Address:** 2357 HASSELL RD SUITE 216, HOFFMAN ESTATES, IL, 60169
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 9
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*