# PPP loan: DAIRYCHEM LABORATORIES, INC.
> **$380K** approved 04/05/2020 · Paid in Full · Loan `5234777008`
## Borrower
- **Name:** DAIRYCHEM LABORATORIES, INC.
- **Address:** 9120 Technology Lane, FISHERS, IN, 46038-2839
- **NAICS:** 311942
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $380K (100%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Rent:** $7K
- **Health care:** $21K
- **Jobs reported:** 21
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*