# PPP loan: BASIN CHEMICAL SOLUTIONS, L.L.C.
> **$194K** approved 01/29/2021 · Exemption 4 · Loan `8524538309`
## Borrower
- **Name:** BASIN CHEMICAL SOLUTIONS, L.L.C.
- **Address:** 100 Guernsey Ln, Youngsville, LA, 70592-5443
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $46K (23%)
- **Forgiveness date:** 06/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** First National Bank of Louisiana
- **Servicing:** First National Bank of Louisiana (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*