# PPP loan: INNOVATIVE CHEMICAL TECHNOLOGIES, INC.
> **$1.58M** approved 04/14/2020 · Paid in Full · Loan `6999617100`
## Borrower
- **Name:** INNOVATIVE CHEMICAL TECHNOLOGIES, INC.
- **Address:** 103 Walnut Grove Road SE,, Cartersville, GA, 30120-6427
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 115
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*