# PPP loan: BEST CHAIRS INCORPARATED
> **$7.78M** approved 04/27/2020 · Paid in Full · Loan `3984137200`
## Borrower
- **Name:** BEST CHAIRS INCORPARATED
- **Address:** ONE BEST DRIVE, FERDINAND, IN, 47532
- **NAICS:** 337121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.78M
- **Initial approval:** $7.78M
- **Forgiven:** $7.88M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.78M
- **Jobs reported:** 500
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*