# PPP loan: PRO-CHEM-CO, INC.
> **$234K** approved 04/11/2020 · Paid in Full · Loan `3073057101`
## Borrower
- **Name:** PRO-CHEM-CO, INC.
- **Address:** 2319 RIPLEY ST, LAKE STATION, IN, 46405-2336
- **NAICS:** 325998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Health care:** $20K
- **Jobs reported:** 14
## 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*