# PPP loan: CHAMPION BROTHERS, INC.
> **$192K** approved 04/11/2020 · Paid in Full · Loan `2945397102`
## Borrower
- **Name:** CHAMPION BROTHERS, INC.
- **Address:** 1173 LEHMAN RD, CHAMBERSBURG, PA, 17202-9221
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $38K
- **Jobs reported:** 23
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*