# PPP loan: FANCHER CHAIR CO., INC
> **$917K** approved 04/14/2020 · Paid in Full · Loan `5882217100`
## Borrower
- **Name:** FANCHER CHAIR CO., INC
- **Address:** 121 South Work Street, Falconer, NY, 14733
- **NAICS:** 337211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $917K
- **Initial approval:** $917K
- **Forgiven:** $922K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $805K
- **Rent:** $4K
- **Mortgage interest:** $10K
- **Utilities:** $56K
- **Health care:** $38K
- **Debt interest:** $3K
- **Jobs reported:** 127
## 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*