# PPP loan: PROCHEM ENERGY SERVICES, INC.
> **$1.14M** approved 04/09/2020 · Paid in Full · Loan `9857397006`
## Borrower
- **Name:** PROCHEM ENERGY SERVICES, INC.
- **Address:** 9396 HWY 76, HEALDTON, OK, 73438-1688
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $852K
- **Rent:** $134K
- **Utilities:** $75K
- **Health care:** $75K
- **Jobs reported:** 69
## Lender
- **Originating:** Peoples Bank and Trust Company
- **Servicing:** Peoples Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*