# PPP loan: PRODUCERS CHEMICAL COMPANY
> **$612K** approved 04/05/2020 · Paid in Full · Loan `5543437004`
## Borrower
- **Name:** PRODUCERS CHEMICAL COMPANY
- **Address:** 1960 BUCKTAIL LN, SUGAR GROVE, IL, 60554-9609
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $568K (93%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Rent:** $77K
- **Utilities:** $77K
- **Jobs reported:** 34
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*