# PPP loan: ADVANCED CHEMICAL SYSTEMS, INC.
> **$160K** approved 04/13/2020 · Paid in Full · Loan `4476997100`
## Borrower
- **Name:** ADVANCED CHEMICAL SYSTEMS, INC.
- **Address:** 9640 S 60TH ST, FRANKLIN, WI, 53132-9113
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $30K
- **Utilities:** $7K
- **Jobs reported:** 12
## Lender
- **Originating:** Tri City National Bank
- **Servicing:** Tri City National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*