# PPP loan: DIAMOND CHEMICAL CO INC
> **$3.12M** approved 04/07/2020 · Paid in Full · Loan `7191737005`
## Borrower
- **Name:** DIAMOND CHEMICAL CO INC
- **Address:** 1 Dubois Street, EAST RUTHERFORD, NJ, 07073-2128
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.12M
- **Initial approval:** $3.12M
- **Forgiven:** $3.16M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.12M
- **Jobs reported:** 214
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*