# PPP loan: PORTIONPAC CHEMICAL CORPORATION
> **$840K** approved 04/07/2020 · Paid in Full · Loan `6484927002`
## Borrower
- **Name:** PORTIONPAC CHEMICAL CORPORATION
- **Address:** 2045 W GRAND AVE, CHICAGO, IL, 60612-1501
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $840K
- **Initial approval:** $840K
- **Forgiven:** $848K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $840K
- **Jobs reported:** 73
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*