# PPP loan: LUBCHEM, INC.
> **$441K** approved 04/07/2020 · Paid in Full · Loan `6848577006`
## Borrower
- **Name:** LUBCHEM, INC.
- **Address:** 23609 W HARDY RD, SPRING, TX, 77373-5713
- **NAICS:** 325998
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $110K
- **Jobs reported:** 16
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*