# PPP loan: ALLEN ENGINEERING & CHEMICAL
> **$400K** approved 04/12/2020 · Paid in Full · Loan `3968027104`
## Borrower
- **Name:** ALLEN ENGINEERING & CHEMICAL
- **Address:** 1901 US Route 4, RUTLAND, VT, 05701
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 37
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*