# PPP loan: OCS CHEMICAL ENGINEERING, LLC
> **$558K** approved 05/01/2020 · Paid in Full · Loan `1786967703`
## Borrower
- **Name:** OCS CHEMICAL ENGINEERING, LLC
- **Address:** 1062 OREGON RD, CORTLANDT MANOR, NY, 10567
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Rent:** $6K
- **Utilities:** $3K
- **Health care:** $28K
- **Jobs reported:** 54
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*