# PPP loan: CHEMETRICS, INC.
> **$689K** approved 06/28/2020 · Paid in Full · Loan `5430068000`
## Borrower
- **Name:** CHEMETRICS, INC.
- **Address:** CATLETT RD 4295 Catlett Rd, MIDLAND, VA, 22728-1916
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $875K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $689K
- **Jobs reported:** 58
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*