# PPP loan: CHEMCORE INDUSTRIES INC.
> **$466K** approved 04/06/2020 · Paid in Full · Loan `6239547002`
## Borrower
- **Name:** CHEMCORE INDUSTRIES INC.
- **Address:** 5311 FLEMING CT, AUSTIN, TX, 78744-1136
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $435K (93%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $20K
- **Utilities:** $6K
- **Jobs reported:** 66
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*