# PPP loan: CHEMSTONE INC.
> **$505K** approved 01/27/2021 · Paid in Full · Loan `6882648308`
## Borrower
- **Name:** CHEMSTONE INC.
- **Address:** 6099 Ponders Ct, Greenville, SC, 29615-4601
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 35
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*