# PPP loan: CHEMGRO FERTILIZER CO INC
> **$550K** approved 05/01/2020 · Exemption 4 · Loan `6871447708`
## Borrower
- **Name:** CHEMGRO FERTILIZER CO INC
- **Address:** 1550 STATE ST, EAST PETERSBURG, PA, 17520-1318
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $501K (91%)
- **Forgiveness date:** 10/07/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $550K
- **Jobs reported:** 45
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*