# PPP loan: ALLCHEM PERFORMANCE PRODUCTS INC
> **$176K** approved 04/30/2020 · Paid in Full · Loan `5421627309`
## Borrower
- **Name:** ALLCHEM PERFORMANCE PRODUCTS INC
- **Address:** 6010 NW 1st Place, GAINESVILLE, FL, 32607
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*