# PPP loan: SEACHEM LABORATORIES INC
> **$663K** approved 04/06/2020 · Paid in Full · Loan `6075687001`
## Borrower
- **Name:** SEACHEM LABORATORIES INC
- **Address:** 1000 Seachem Drive, MADISON, GA, 30650-4640
- **NAICS:** 311119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $663K
- **Initial approval:** $702K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $663K
- **Jobs reported:** 51
## Lender
- **Originating:** Oconee State Bank
- **Servicing:** Oconee State Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*