# PPP loan: WAUSAU CHEMICAL CORPORATION
> **$703K** approved 04/10/2020 · Paid in Full · Loan `1717867105`
## Borrower
- **Name:** WAUSAU CHEMICAL CORPORATION
- **Address:** 2001 RIVER DR, WAUSAU, WI, 54403-3354
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $703K
- **Initial approval:** $703K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $547K
- **Rent:** $71K
- **Utilities:** $34K
- **Health care:** $50K
- **Jobs reported:** 40
## Lender
- **Originating:** Peoples State Bank
- **Servicing:** Peoples State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*