# PPP loan: CHEMTECH-FORD, INC.
> **$373K** approved 04/12/2020 · Paid in Full · Loan `3784507101`
## Borrower
- **Name:** CHEMTECH-FORD, INC.
- **Address:** 9632 S. 500 W., Sandy, UT, 84070
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $373K
- **Initial approval:** $373K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $373K
- **Jobs reported:** 35
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*