# PPP loan: AMERICAN CHEMICAL TECHNOLOGIES, INC.
> **$811K** approved 04/28/2020 · Paid in Full · Loan `6702617209`
## Borrower
- **Name:** AMERICAN CHEMICAL TECHNOLOGIES, INC.
- **Address:** 485 E. Van Riper Road, Fowlerville, MI, 48836-7931
- **NAICS:** 325998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $811K
- **Initial approval:** $811K
- **Forgiven:** $833K (103%)
- **Forgiveness date:** 12/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $649K
- **Mortgage interest:** $162K
- **Jobs reported:** 44
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*