# PPP loan: CHEMIC ENGINEERS & CONSTRUCTORS, INC
> **$1.42M** approved 04/28/2020 · Paid in Full · Loan `7035067210`
## Borrower
- **Name:** CHEMIC ENGINEERS & CONSTRUCTORS, INC
- **Address:** 4820 FM 2004, Hitchcock, TX, 77563-1034
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 75
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*