# PPP loan: WEGO CHEMICAL GROUP INC.
> **$1.29M** approved 04/27/2020 · Paid in Full · Loan `3869567205`
## Borrower
- **Name:** WEGO CHEMICAL GROUP INC.
- **Address:** 239 Great Neck Road, GREAT NECK, NY, 11021-3301
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 73
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*