# PPP loan: CREST CHEMICAL INDUSTRIES LTD
> **$208K** approved 04/10/2020 · Paid in Full · Loan `1640107101`
## Borrower
- **Name:** CREST CHEMICAL INDUSTRIES LTD
- **Address:** 1066 INDUSTRY RD, NEW LENOX, IL, 60451-2601
- **NAICS:** 325510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $176K (85%)
- **Forgiveness date:** 01/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Mortgage interest:** $19K
- **Utilities:** $19K
- **Jobs reported:** 10
## Lender
- **Originating:** First Bank of Manhattan
- **Servicing:** First Bank of Manhattan (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*