# PPP loan: CHEM-MATERIALS INC.
> **$276K** approved 04/13/2020 · Paid in Full · Loan `4397887104`
## Borrower
- **Name:** CHEM-MATERIALS INC.
- **Address:** 24700 CENTER RIDGE RD Suite 280, WESTLAKE, OH, 44145-5606
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 14
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*