# PPP loan: CHEMICAL & INDUSTRIAL ENGINEERING, INC.
> **$5.50M** approved 04/09/2020 · Paid in Full · Loan `9860087008`
## Borrower
- **Name:** CHEMICAL & INDUSTRIAL ENGINEERING, INC.
- **Address:** 1930 Bishop Lane Suite 800 0.0, Louisville, KY, 40218-1945
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.50M
- **Initial approval:** $5.50M
- **Forgiven:** $5.57M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.81M
- **Rent:** $187K
- **Mortgage interest:** $14K
- **Utilities:** $12K
- **Health care:** $481K
- **Jobs reported:** 252
## 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*