# PPP loan: CHEMTECH SERVICES INC.
> **$258K** approved 02/06/2021 · Paid in Full · Loan `4256928400`
## Borrower
- **Name:** CHEMTECH SERVICES INC.
- **Address:** 20648 Gaskin Dr, Lockport, IL, 60446-1910
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 20
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*