# PPP loan: GENERICHEM CORP
> **$302K** approved 05/01/2020 · Paid in Full · Loan `6679297700`
## Borrower
- **Name:** GENERICHEM CORP
- **Address:** 5 TAFT RD, TOTOWA, NJ, 07512-1005
- **NAICS:** 424210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 15
## Lender
- **Originating:** PNC Bank, National Association
- **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*