# PPP loan: CHEM STRIP OF ALAMANCE INC
> **$446K** approved 04/04/2020 · Paid in Full · Loan `5028437010`
## Borrower
- **Name:** CHEM STRIP OF ALAMANCE INC
- **Address:** 333 MACARTHUR LN, BURLINGTON, NC, 27217-8739
- **NAICS:** 332813
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 40
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*