# PPP loan: COVALENT CHEMICAL LLC
> **$168K** approved 01/22/2021 · Paid in Full · Loan `3984788301`
## Borrower
- **Name:** COVALENT CHEMICAL LLC
- **Address:** 6501 Creedmoor Rd, Raleigh, NC, 27613-1686
- **NAICS:** 424690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $171K (102%)
- **Forgiveness date:** 10/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 13
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*