# PPP loan: FLORACHEM CORPORATION
> **$240K** approved 04/23/2021 · Paid in Full · Loan `8907778809`
## Borrower
- **Name:** FLORACHEM CORPORATION
- **Address:** 2664 Port Industrial Dr, Jacksonville, FL, 32226-2398
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 16
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*