# PPP loan: CHEMICAL LIGHT INC.
> **$1.16M** approved 01/20/2021 · Exemption 4 · Loan `2054398301`
## Borrower
- **Name:** CHEMICAL LIGHT INC.
- **Address:** 300 Lakeview Pkwy, Vernon Hills, IL, 60061-1800
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $929K (80%)
- **Forgiveness date:** 04/27/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.16M
- **Utilities:** $1
- **Jobs reported:** 92
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*