# PPP loan: CHEMRESEARCH CO., INC.
> **$728K** approved 04/09/2020 · Paid in Full · Loan `9351977006`
## Borrower
- **Name:** CHEMRESEARCH CO., INC.
- **Address:** 1101 W. HILTON AVE, PHOENIX, AZ, 85007-4305
- **NAICS:** 332111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $728K
- **Initial approval:** $728K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $583K
- **Utilities:** $146K
- **Jobs reported:** 76
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*