# PPP loan: DYNACHEM, INC.
> **$853K** approved 04/15/2020 · Paid in Full · Loan `9683417107`
## Borrower
- **Name:** DYNACHEM, INC.
- **Address:** 15662 E 980 NORTH RD, WESTVILLE, IL, 61883-6138
- **NAICS:** 325998
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $853K
- **Initial approval:** $853K
- **Forgiven:** $858K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $853K
- **Jobs reported:** 60
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*