# PPP loan: FLAVORCHEM CORPORATION
> **$4.44M** approved 04/09/2020 · Paid in Full · Loan `9844817002`
## Borrower
- **Name:** FLAVORCHEM CORPORATION
- **Address:** 1525 Brook Dr, Downers Grove, IL 60515-1024 0.0, Downers Grove, IL, 60515-1024
- **NAICS:** 311999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.44M
- **Initial approval:** $4.44M
- **Forgiven:** $4.50M (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.08M
- **Mortgage interest:** $887K
- **Health care:** $464K
- **Jobs reported:** 319
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*