# PPP loan: ISLECHEM,LLC
> **$618K** approved 04/05/2020 · Paid in Full · Loan `5572737010`
## Borrower
- **Name:** ISLECHEM,LLC
- **Address:** 2801 Long Pond Road, GRAND ISLAND, NY, 14072
- **NAICS:** 325199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $618K
- **Jobs reported:** 45
## Lender
- **Originating:** Tompkins Bank of Castile, A Branch of
- **Servicing:** Tompkins Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*