# PPP loan: ICHOR LIFE SCIENCES, INC.
> **$430K** approved 04/27/2020 · Paid in Full · Loan `3817247201`
## Borrower
- **Name:** ICHOR LIFE SCIENCES, INC.
- **Address:** 2521 US 11, LAFAYETTE, NY, 13804
- **NAICS:** 541713
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Rent:** $3K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Health care:** $12K
- **Debt interest:** $4K
- **Jobs reported:** 27
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*